News

Back to news main


Q4 2014 Mintra multi-million pound deal with Riverside Company

Enerco are pleased to announce a transaction between Riverside Company, Mintra Training Portal A.S. and Mintra Training Portal Limited.

Jamie Bennett, Chairman of Enerco (an investor in both organisations) said “Since Enerco Group Ltd invested in Mintra 3 years ago, the company has experienced strong and robust growth reaching £12 million in revenues. Part of Mintra’s key focus has been to drive new, unique, more cost effective ways to deliver learning, training and competency solutions to the Oil and Gas Industry. The investment made by Riverside will enable Mintra to expand its current offerings in the North Sea and further afield, this is fantastic news for both the UK and Norwegian teams.”

Riverside (www.riversidecompany.com)
The Riverside Company is a global private equity firm focused on investing in and acquiring growing businesses valued at up to $250 million (€200 million in Europe). Since its founding in 1988, Riverside has invested in more than 360 transactions. The firm’s international portfolio includes more than 75 companies.

Pareto Securities AS acted as advisor to the shareholders in Mintra and manager of the sales process.

 

Back to news main

Enerco are pleased to announce a transaction between Riverside Company, Mintra Training Portal A.S. and Mintra Training Portal Limited