![Scan](https://norvestor.imgix.net/Company-logos/scan_191213_113640.png?auto=compress%2Cformat&bg=%23FFFFFF&crop=focalpoint&fit=crop&fm=jpg&fp-x=0.5&fp-y=0.5&h=505&q=90&w=400&s=18c9cdcbbd1fefa7eeff1d98d54f11ea)
We acquired SCAN Geophysical in 2005, impressed by a favourable industry outlook and seeing a growing demand for SCAN’s services. We helped SCAN Geophysical launch an expansion programme targeting acquisitive growth. As a result, it transformed into an international seismic data acquisition business, focused on the high-end 2D and small-to-medium 3D segment. What’s more, its market capitalisation grew from NOK 150 million to NOK 2.5 billion at the time of its May 2007 listing on the Oslo Axess Exchange.
- Investment date: October 2005
- Exit date: July 2009
- Industry: Energy & Marine
- Fund: Fund IV