Glex AS (Glex), Norway's leading developer of advanced portfolio integration
platforms for energy companies, today announced a landmark strategic partnership
with Gateway X (GWX), the investment arm of the Gateway Group of Companies.
This collaboration positions Glex to become a global leader in energy portfolio
management technology, combining its category-defining platform with Gateway
Group's proven expertise in scaling technology ventures worldwide.
Under the agreement, GWX will invest strategic growth capital in Glex and acquire an
initial minority stake. Beyond funding, Glex will gain access to Gateway Group's
expansive ecosystem of digital engineering capabilities, operational excellence, and
a robust global footprint across 40+ markets. The partnership will empower Glex to
accelerate product development, enhance delivery capacity, and expand its
international customer base.
There is growing interest in Glex’s portfolio integration platform from potential
customers outside Norway and the potential in the global market is high. The GWX
resources will be deployed to develop and adapt Glex’s web-based tools and data
pipelines to ensure that the needs and expectations of customers are met quickly
and efficiently. GWX and Glex will work strategically together to grow Glex’s presence
internationally and open up market possibilities.
"This is a fantastic opportunity to scale our platform together with an experienced and
capable partner in GWX,’ notes Glex CEO, Andrew McCann. ‘Gateway's co-founder
approach gives us not just the investment, but the expertise, resources, and reach to
bring our vision to life faster than we ever could alone. We are looking forward to
putting our plans into action and demonstrating what we can bring to the market
together."
"Glex perfectly exemplifies the kind of business we seek to empower-an ambitious
team, a powerful technology platform, and deep domain expertise" said Alf Lande,
CEO & Principal - Investments & Portfolio Affairs at GWX. "We look forward to
partnering with Glex to unlock new possibilities in Norway and around the world."
About Glex:
Glex AS is a software and data services company that develops advanced
integration, visualisation, analysis and collaboration tools for E&P companies to
manage and develop their asset portfolios. Our SaaS Glex Energy® has been in
development since 2017. The team combines industry professionals with extensive
experience and unique domain expertise with data-science experts and software
developers with a background in the gaming and visualization industry. Glex is
registered on the NOTC.
About GWX:
GWX is the strategic investment division of the Gateway Group of Companies, a
global technology conglomerate headquartered in The Netherlands. For over two
decades, Gateway has delivered software engineering, digital transformation, and
business solutions to Fortune 500 clients worldwide. Through GWX, the Group
provides growth capital and an end-to-end ecosystem of technology, marketing,
governance, and strategic advisory services to help portfolio companies scale
sustainably and globally.
Contact Glex:
Andrew McCann (CEO) +47 415 07 726
andrew.mccann@glex.no
Contact GWX:
Alf Lande +47 911 58 930