May 24, 2023

Willkie represented Insight Partners in its significant strategic growth investment in Kabal, a Norwegian logistics SaaS platform for the global energy industry. The investment will boost Kabal's scaling capabilities by accelerating organic growth strategies and M&A expansions.

Founded in 2011 and based in Stavanger, Norway, Kabal is the world's leading producer of software for the management of operational logistics and the creator of Kabal Software (formerly known as WELS). Kabal Software offers oil and gas operators end-to-end control of drilling and production operations. By connecting all stakeholders on one digital platform, Kabal simplifies complex workflows and streamlines operations. The software is used by 6,700 companies, including energy supermajors and 50,000 individual users worldwide. 

Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies. Insight Partners has invested in more than 750 companies worldwide and, as of December 31, 2022, has approximately $75 billion in regulatory assets under management.

The Willkie team was led by partners Morgan Elwyn and Philip Coletto.