May 10, 2024

Translink Corporate Finance acted as the advisor to Tiral AS on its acquisition of 50% of the shares in Phronteseas AS

Translink Corporate Finance in Norway advised Tiral AS on its acquisition of the remaining 50% shares in Phronteseas AS. Phronteseas AS will enhance its leadership position in the sector as it gains an investor with deep industry expertise to bolster its growth.

Led by Co-Founder and CEO of Phronteseas Asbjørn Skjelbred Olsen, Tiral AS’ purpose is to develop the energy and operation management industry sustainably. The company is engaged in growing renewable energy companies internationally, delivering highly efficient operations management solutions for the offshore sector, advising investors, supporting the execution of corporate transactions and managing assets.

Phronteseas AS provides a range of services tailored to the needs of rig operations, asset management, and advisory services to owners, buyers, and brokers in the oil and energy sector. The company specialises in delivering high-quality, cost-effective solutions with a strong emphasis on technical and operational expertise. Phronteseas operates out of offices in Norway, Malta, and Dubai, emphasising a commitment to efficient solutions and strategic guidance.

Contact our Team Members advising in this transaction:

About Translink Corporate Finance

Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.

About Translink Corporate Finance in Norway

Synergos Corporate Finance is an exclusive partner in Norway for Translink Corporate Finance. Synergos Corporate Finance provides advisory services for Corporate Finance transactions (M&A, debt, fundraising, strategic consulting). The advisors have broad experience from investment banking, strategy consulting and corporate leadership roles. Our multidisciplinary experience combined with Translink’s international network makes Synergos a strong M&A advisor for cross-border transactions.