HitecVision has sold its stake in Knowledge Systems, a Sugar Land, Texas-based provider of geopressure and geomechanical software, to Halliburton Inc (NYSE: HAL) for an undisclosed value. The business was acquired through Landmark, a product service line of the drilling and evaluation division of the acquirer.
Deal comes a year after Nordic Capital acquired Signicat from Viking Ventures
Fund is larger than its predecessor, Impresa Italia Private Debt I, which raised €70m in 2016
Data software company was valued at $1bn post money in its 2019 round and is now valued at $2.3bn
FVS invests for minority stakes in Italian companies operating in a wide range of sectors