Presight Solutions has been acquired by Banyan Software
Banyan Software, a leading acquirer and operator of mission-critical software businesses, enters Norway with the acquisition of Presight Solutions AS, a Norway-based SaaS company delivering advanced software for safety, operational integrity and regulatory compliance in high-risk industries. The transaction marks a new chapter for Presight, strengthening its ability to scale while preserving the product focus, industry depth and customer trust built since its founding in 2003.
Over more than two decades, Presight has evolved from solving practical, on-the-ground safety and compliance challenges into a specialized software platform embedded in customers’ daily operations. What began as a tool to replace fragmented and manual processes, has grown into a purpose-built platform supporting continuous oversight and regulatory compliance used across critical industrial operations. Today, Presight supports a growing international customer base and plays an integral role in daily operational oversight and regulatory compliance. Trusted by companies like Equinor, Stena Drilling, Vår Energi and Akofs.
Presight was built to solve real, operational problems for teams working in high-risk environments. As we looked for a long-term partner, Banyan stood out for their deep experience with mission-critical software and their thoughtful, long-term approach to growth. Just as important, they share our commitment to our people, our customers, and the integrity of the product we’ve built. That alignment gives us strong confidence in the next chapter for Presight,Petter Holst Johnsen, CEO of Presight
About Presight Solutions
Founded in 2003 and headquartered in Stavanger, Norway, Presight Solutions provides cloud-based software for safety, operational risk and compliance management in high-risk industrial sectors. Built to support daily operational oversight, Presight’s platform helps organizations manage operational integrity with structure, transparency and confidence, and is embedded in the workflows of customers across critical industrial environments. For more information, visit presight.com
As founders, preserving that legacy mattered deeply to us. Banyan understands what has made Presight successful and shares our view that the company’s future should be about building on that foundation - strengthening the platform, supporting the team, and ensuring continuity for customers as the business enters its next phase.Jørgen Waaler, Chairman of Presight Solutions
About Banyan Software
Banyan Software acquires, builds, and grows exceptional software businesses that are critical to the customers they serve. With a focus on long-term partnerships and operational independence, Banyan provides permanent homes for software companies across the globe. Founded in 2016, the company follows a buy-and-hold-for-life strategy and is set up with a permanent capital base to preserve the legacy of founders. For more information, visit www.banyansoftware.com.
What impressed us about Presight is the combination of deep industry understanding and a disciplined approach to product development. We are excited to support Petter and the whole Presight team as they continue to lead the business. With their expertise and our support, Presight is well positioned to grow into new markets while staying grounded in the values that have shaped its success.Julie Koegenboeg, Head of Northern Europe at Banyan Software
With the acquisition of Presight, Banyan now operates two businesses in the Nordic region and has recently opened an office in Stockholm with a local team to better serve and expand its regional portfolio.
In our search for a long-term partner that would share our commitment and our values, we chose Oaklins to help us due to their solid track record in M&A processes, international reach and experience in cross border transactions. Oaklins provided invaluable support throughout the process, and we are grateful for their dedication and contributions that led to a very positive outcome for us. They are also a pleasure to work with. We are very excited about Banyan Software as our new owner and look forward to their expertise and support in developing and growing Presight in existing and new markets.Petter Holst Johnsen, CEO of Presight
Oaklins' team in Norway acted as advisor to Presight Solutions, providing strategic advice and managing the transaction process from initial preparation to successful completion.
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