Veson Nautical Acquires Shipfix

Veson Nautical Acquires Q88

May 4, 2022

Software

Veson Nautical, a maritime freight management software provider, has acquired Q88, a vessel and voyage information management and software platform for the maritime transportation industry. The deal brings Q88’s vessel-specification, document and data products into Veson’s platform to expand capabilities and accelerate product integration for customers across tanker, dry-bulk and broader shipping markets.

Francisco Partners Makes Significant Growth Investment in Veson Nautical

March 17, 2022

Cloud & SaaS

Francisco Partners has entered a definitive agreement to make a significant equity investment in Veson Nautical alongside existing investor Pamlico Capital and co-founder John Veson. The growth capital will help Veson accelerate product innovation, organic growth and pursue a targeted acquisition strategy in the maritime freight software market.

eShipping Acquires Superior Transport & Logistics and Synapsum

February 27, 2024

Logistics & Distribution

eShipping has closed two strategic add-on acquisitions, purchasing Superior Transport & Logistics to broaden its managed transportation services and Synapsum to add supply-chain analytics capabilities. The deals strengthen eShipping's technology-enabled, asset-light logistics platform (backed by Ridgemont Equity Partners) by adding transportation execution capabilities and data/analytics to its eShipManager offering.

SIB Fixed Cost Reduction Invests in Shipware

December 15, 2021

Transportation

SIB Fixed Cost Reduction has made a strategic add-on investment in Shipware, acquiring the transportation spend management and invoice-audit provider to expand SIB’s shipping and logistics cost-reduction capabilities. The transaction was announced by O2 Investment Partners (SIB’s sponsor) and supported by financial partners including Tree Line Capital Partners, Stellus Capital Management, Capital Southwest, and LBC Small Cap.

Garmin Acquires Vesper Marine

January 3, 2022

Manufacturing

Garmin Ltd. has acquired Vesper Marine, a privately-held Auckland-based maker of AIS, VHF and vessel monitoring solutions, including the Cortex integrated communications system. The acquisition will expand Garmin's marine communications and situational awareness product portfolio; financial terms were not disclosed.

NAVTOR Acquires Tres Solutions

February 19, 2021

Software

NAVTOR, the Accel-KKR-backed e-Navigation platform, has acquired Houston-based Tres Solutions to expand its vessel analytics and performance optimization capabilities. The deal integrates Tres's Tres Vessel Analytics platform into NAVTOR's NavFleet offering to deliver enhanced fleet monitoring, fuel-efficiency and emissions reduction tools to shipowners and operators.