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PRIVATE EQUITY
 

Portfolio Management

Vibration Technology

In September 2006 Vibration Technology was sold to French company Sercel for an undisclosed sum. Vibtech has pioneered the use of advanced wireless technologies for seismic recording; the company’s Unite System had attracted interest from both oil companies and seismic contractors. Aberdeen originally invested in September 2005, the exit provided a 2.2x money return for Aberdeen VCT clients and achieved an internal rate of return of 113%.

Vibration technology

Initial Investment: September 2005

Company: Vibration Technology

Company website: www.vibtech.co.uk

Deal Type: Exit

Sector: Technology/Media/Telecoms

Team: Portfolio Management

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