Like TeroMarine

announced 4/12/2019 via BNC Analysis

Seagull AS, will acquire TeroMarine

synopsis: Norwegian Seagull AS , entered into a share purchase agreement for 89% of the shares in Tero Marine AS. Norway’s Tero Marine has developed fleet management software for the shipping industry for more than three decades. Their flagship, the TM Master suite, has established itself as one of the leading brands in the business.
buyer parent: Herkules Capital
buyer: Seagull AS
Norway’s Seagull Maritime AS is the leading provider of competence management solutions and e-learning material for seafarers worldwide and offers a comprehensive library of training and onboard courses for regulatory compliance and improved seafarer knowledge. "
target: TeroMarine
Norway’s Tero Marine has developed fleet management software for the shipping industry for more than three decades. Their flagship, the TM Master suite, has established itself as one of the leading brands in the business.
price ($mm)
rev ($mm)
EBITDA ($mm)
$1
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EV / EBITDA
0.0x
announced 9/14/2021 via GlobeNewswire

Spire Global, Inc., will acquire exactEarth

synopsis: Spire Global, Inc., a leading provider of space-based data, analytics and space services, is to acquire exactEarth Ltd., a leading provider of global maritime vessel data for ship tracking and maritime situational awareness solutions.
buyer: Spire Global, Inc. (SPIR:$33.28)
Spire is a leading global provider of space-based data, analytics, and space services, offering access to unique datasets and powerful insights about Earth from the ultimate vantage point so that organizations can make decisions with confidence, accuracy, and speed. "
target: exactEarth (TSX:XCT:$18.21)
exactEarth is a leading provider of global maritime vessel data for ship tracking and maritime situational awareness solutions.
price ($mm)
$162
rev ($mm)
$17
EBITDA ($mm)
EV / rev
9.3x
EV / EBITDA
closed 7/1/2020 via BNC Analysis

Kongsberg Gruppen ASA, acquired COACH Solutions

synopsis: Kongsberg Digital has bought COACH Solutions, a company that provides software for vessel performance and monitoring. The company will now be renamed to KONGSBERG COACH Solutions. COACH provides a suite of tools for vessel performance, weather routing and noon reporting to vessel operators, owners, pool managers and technical managers.
buyer: Kongsberg Gruppen ASA (OB:KOG:$2,895.66)
KONGSBERG is an international, knowledge-based group that supplies high-tech systems and solutions to customers in the merchant navy and oil & gas, defence and aerospace industries. KONGSBERG has almost 11,000 employees in 40 countries. "
target: COACH Solutions
COACH Solutions is a company that provides software for vessel performance and monitoring. COACH provides a suite of tools for vessel performance, weather routing and noon reporting to vessel operators, owners, pool managers and technical managers.
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closed 3/18/2020 via Company Press Release

SuperYacht Times, acquired YachtEye

synopsis: SuperYacht Times (SYT) has announced that it has acquired the YachtEye from Oculus Technologies. YachtEye is a unique visual infotainment platform for superyacht owners and their guests. The system intuitively shares valuable insights about the journey, the stay on board and the environment.
buyer: SuperYacht Times
SuperYachtTimes.com is the leading superyacht website, updated daily with the most relevant and interesting superyacht news and information. In addition, they also publish the bi-monthly newspaper, The SuperYacht Times, in which we provide readers around the world with compelling superyacht stories."
target: YachtEye
YachtEye is a unique visual infotainment platform for superyacht owners and their guests. The system intuitively shares valuable insights about the journey, the stay on board and the environment. Clients can interact with YachtEye via TV, touchscreens and iPads.
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announced 2/20/2019 via Company Press Release

StormGeo, will purchase ECO Insight and Navigator Insight from DNV GL

synopsis: StormGeo has signed an agreement to acquire DNV GL’s ECO Insight and Navigator Insight solutions, creating a new industry leader in fleet performance management. ECO Insight and Navigator Insight provide a web-based performance management portal for major fleet performance topics, organised in a logical structure.
buyer parent: EQT
buyer: StormGeo
StormGeo is a provider of data science and weather intelligence, serving a worldwide customer base with advanced solutions through their global 24/7 forecasting desks and R&D team. The company primarily serves the Oil & Gas, Shipping, Renewable Energy, Cross Industry, Aviation and Media industries. "
seller: DNV GL
ECO Insight and Navigator Insight provide a web-based performance management portal for major fleet performance topics, organised in a logical structure.
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closed 9/20/2018 via GlobeNewswire

Volaris Group Inc., acquired Helm Operations

synopsis: Volaris Group Inc. announced that it has acquired Helm Operations from ClassNK. Based in Victoria, Canada, Helm is a leading provider of marine operations software to the tug and barge industry and represents Volaris’ fourth company in the Marine vertical.
buyer parent: Constellation Software, Inc.
buyer: Volaris Group Inc.
Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., they grow their companies through a variety of organic measures such as initiatives and product development. "
target parent: ClassNK
target: Helm Operations
Helm Operations develops ship operating software to improve marine fleet management in the United States. The company offers vessel management software for offshore supply vessels, harbor docking, and barging.
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announced 9/5/2018 via PR Newswire

StormGeo, will acquire Nautisk Forlag

synopsis: StormGeo, a provider of data science and weather intelligence, will acquire Nautisk from NHST Media Group, a provider of business news in Norway. Nautisk is a global supplier of maritime charts and publications. Nautisk holds extensive stocks of all charts and publications necessary for ocean-going vessels, both in paper and electronic formats.
buyer parent: EQT
buyer: StormGeo
StormGeo is a provider of data science and weather intelligence, serving a worldwide customer base with advanced solutions through their global 24/7 forecasting desks and R&D team. The company primarily serves the Oil & Gas, Shipping, Renewable Energy, Cross Industry, Aviation and Media industries. "
target parent: NHST Media Group
target: Nautisk Forlag
Nautisk is a global supplier of maritime charts and publications. Nautisk holds extensive stocks of all charts and publications necessary for ocean-going vessels, both in paper and electronic formats. Nautisk also offer software that helps their users plan their voyage, manage their fleet, and more.
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closed 1/28/2014 via PR Newswire

StormGeo, acquired Applied Weather Technology, Inc.

synopsis: Applied Weather Technology, Inc. (AWT), a leading provider of fleet optimization services and onboard voyage management software, has been acquired by Norwegian based StormGeo A/S, a global weather services provider with operations in Offshore, Renewables, Media, Corporate Enterprise and Shipping industries.
buyer: StormGeo
StormGeo is a global weather services provider with operations in Offshore, Renewables, Media, Corporate Enterprise and Shipping industries. StormGeo delivers products and services for the renewables, offshore, media, aviation and shipping industries. "
target: Applied Weather Technology, Inc.
Applied Weather Technology (AWT) is a leading provider of fleet optimization services and onboard voyage management software designed to help ship owners, charterers, operators, fleet managers and captains identify the safest, most time-efficient or fuel-efficient routes for their fleets.
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closed 5/30/2013 via BNC Analysis

TeroMarine, acquired Teomaki AS

synopsis: Norwegian maritime software house Tero Marine has acquired 95% of the shares in one of its closest competitors, Teomaki. Teomaki AS provides IT control and management systems to shipping and offshore sectors.
buyer: TeroMarine
Tero Marine develops system that increases management control, significantly reduces operational complexity, thus enabling ship owners to reduce the cost of operations whilst retaining the value of their assets. "
target: Teomaki AS
Teomaki aims to deliver a world class IT suite to its customers in co-operation with partners, employees and other software houses. The core market to Teomaki AS is the shipping and offshore industry.
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closed 3/20/2013 via PR Web

VerticaLive, Inc., acquired MarineCFO, Inc.

synopsis: Verticalive Inc., a leading provider of vertical cloud solutions and development technologies for entrepreneurs and enterprises, announced that it has acquired MarineCFO, the leading provider of enterprise software solutions to the marine transportation industry.
buyer: VerticaLive, Inc.
VerticaLive is a leading provider of development technology for Microsoft platforms. The VL Business Framework enables rapid development and deployment of private or public cloud applications, virtual hosted solutions, or on-premise solutions. "
target: MarineCFO, Inc.
MarineCFO is the leading provider of On-Vessel, Marine Operations, Personnel, Fleet Maintenance, and Financial Management solutions to the marine transportation industry. The company was founded in 2007.
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announced 4/2/2012 via BNC Analysis

Det Norske Veritas AS, will acquire COEX AS

synopsis: DNV has signed an agreement to acquire COEX AS, a company based in Bergen, Norway, offering software systems for the maritime industry. The move will see DNV's Navigator software system enhanced through integration with COEX's web-based Vessel Information Portal for ship management, providing a range of additional functionalities.
buyer: Det Norske Veritas AS
Det Norske Veritas (DNV) is a global provider of services for managing risk. An independent foundation with the objective of safeguarding life, property and the environment, DNV comprises 300 offices in 100 countries, with more than 10,000 employees. "
target: COEX AS
COEX is a Norwegian-based IT company that offers IT solutions that give their customers the best information on which to base decisions and the most effective business processes. COEX has developed unique software for more efficient management of international merchant fleets.
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closed 11/7/2011 via BNC Analysis

Telogis Inc., acquired Onboard Advisor

synopsis: Telogis Inc. has acquired the insurance telematics and fleet management business of UTC Fire & Security, a division of United Technologies Corp. The acquisition expands Telogis' presence in the insurance market through the addition of Onboard Advisor®, a Safety-Driven Insurance™ service focusing on loss prevention and risk reduction.
buyer: Telogis Inc.
Telogis Inc., the platform for location intelligence, is dedicated to enhancing the value of its customers' businesses through intelligent integration of location technology, information and services. Telogis was established in 2001 and is headquartered in Aliso Viejo, California. "
target parent: United Technologies Corp.
target: Onboard Advisor
Onboard Advisor® is a GPS-based Safety-Driven Insurance™ product that enables businesses using a qualified GPS fleet and safety management system to improve driving safety, reduce liability due to distracted driving and save on fuel.
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announced 12/9/2020 via BNC Analysis

Lloyd's Register Group, will acquire C-MAP Norway AS

synopsis: Lloyd's Register (LR) has reached an agreement to acquire Navico Group’s C-MAP commercial marine business, a leading provider of commercial marine cartography and digital publications, shore-side and shipside voyage optimization, cloud-based fleet management and fleet analytics software.
buyer: Lloyd's Register Group
Lloyd’s Register (LR) is a global engineering, technical and business services organization. Founded in 1760 as a marine classification society, LR now operates across many industry sectors, with over 9000 employees in 78 countries. "
target parent: Navico Norway AS
target: C-MAP Norway AS
C-MAP is a leading provider of commercial marine cartography and digital publications, shore-side and shipside voyage optimization, cloud-based fleet management and fleet analytics software.
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closed 2/20/2020 via GlobeNewswire

Gaztransport & Technigaz, acquired Marorka

synopsis: GTT announced the acquisition of 100% of the share capital of Marorka from its owners and management team. Based in Iceland and specialized in Smart Shipping, the company designs maritime energy monitoring and optimization systems for vessels, allowing them to reduce their environmental footprint.
buyer: Gaztransport & Technigaz (ENXTPA:GTT:$434.74)
Gaztransport & Technigaz (GTT) is a leading manufacturer of containment systems for the shipping and storage in cryogenic conditions of LNG (liquefied natural gas). GTT offers its customers technologies which allow them to optimize storage space and reduce construction and operation costs. "
target: Marorka
Marorka, based in Iceland and specialized in Smart Shipping, the company designs maritime energy monitoring and optimization systems for vessels, allowing them to reduce their environmental footprint. The company’s systems have been installed on more than 600 vessels.
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closed 9/19/2019 via BNC Analysis

GreenSteam, purchased BMT SMART from BMT Group Limited

synopsis: GreenSteam, the pioneer of machine learning for improved hull and vessel performance in shipping, announces that it has acquired BMT’s data collection and performance optimization subsidiary firm SMART. BMT is a leading international design, engineering, science and management consultancy.
buyer parent: BP plc
buyer: GreenSteam
GreenSteam is a marine solutions provider specializing in improving operational efficiency through machine learning and AI. GreenSteam implements solutions on vessels of all types Founded in 2007, GreenSteam is located in Denmark, United Kingdom and Poland, and currently employs 40 people. "
seller: BMT Group Limited
BMT SMART is the data collection and performance optimization subsidiary of BMT, an international design, engineering, science and management consultancy. BMT SMART provides sophisticated data collection, data display and data analysis services to support decision-making for the marine industry.
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announced 12/6/2017 via Company Press Release

Gaztransport & Technigaz, will acquire Ascenz Solutions Pte Ltd

synopsis: Gaztransport & Technigaz (GTT), a manufacturer of containment systems for the shipping and storage of LNG (liquefied natural gas), will acquire a 75% stake in Ascenz, the Asian leader in operational risk intelligence solutions for the maritime industry. Ascenz provides vessel performance systems such as fuel consumption and bunkering monitoring.
buyer: Gaztransport & Technigaz (ENXTPA:GTT:$434.74)
Gaztransport & Technigaz (GTT) is a leading manufacturer of containment systems for the shipping and storage in cryogenic conditions of LNG (liquefied natural gas). GTT offers its customers technologies which allow them to optimize storage space and reduce construction and operation costs. "
target: Ascenz Solutions Pte Ltd
Ascenz is the Asian leader in operational risk intelligence solutions for the maritime industry. Ascenz provides vessel performance systems, such as fuel consumption and bunkering monitoring, for global shipping companies seeking fuel savings, emissions compliance and efficiency management.
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closed 3/26/2018 via GlobeNewswire

RigNet, acquired Intelie

synopsis: RigNet, a leading global specialized provider of customized systems and solutions, has completed the acquisition of Intelie, a real-time, predictive analytics company. Intelie provides operational intelligence and real time analytics to help companies avoid failures that could cause huge losses.
buyer: RigNet (RNET:$200.84)
RigNet is a leading global provider of customized systems and solutions serving customers with complex data networking and operational requirements. They provide digital technology solutions serving remote locations, including energy facilities and maritime vessels. "
target: Intelie
Intelie provides operational intelligence and real time analytics to help companies avoid failures that could cause huge losses. Their stream analytics platform, Intelie Live, can gather data from any source and process hundreds of thousands of events per second to anticipate anomalies.
price ($mm)
$11
rev ($mm)
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closed 2/22/2021 via BNC Analysis

Navtor AS, acquired Tres Technology Solutions

synopsis: Navtor, a Norway-based provider of e-navigation solutions, has acquired Tres Solutions, a maritime software and analytics company. Founded in Texas, US, in 2016, Tres Solutions has quickly expanded across the world with offices in Asia and Europe.
buyer parent: Accel-KKR
buyer: Navtor AS
Norway-based NAVTOR is the global leader in the provision of navigational software for the maritime industry. Its cloud-based e-navigation solutions include Electronic Navigational Charts (ENCs), digital maritime publications, route optimization, and fleet management across an integrated platform. "
target: Tres Technology Solutions
Tres Solutions is a maritime software and analytics company focused on providing smart digital solutions to disruptively change how shipping companies assess and improve performance. Their core Tres Vessel Analytics (TVA) software platform drives savings and improves fleet performance.
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closed 2/10/2021 via Company Press Release

Jonas Software, acquired C-SAM

synopsis: Jonas Software, which operates over 100 independently managed software brands around the world, is pleased to announce the acquisition of C-SAM Ltd. C-SAM is an industry leader and innovator in specialist asset management solutions for the international oil and gas and marine industries.
buyer parent: Constellation Software, Inc.
buyer: Jonas Software
Jonas Software, based in Canada, operates over 100 independently managed software brands around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets. "
target: C-SAM
C-SAM, based in the UK, is a solutions provider to the oil and gas; subsea and maritime, and related industries. Their products and services have been introduced to a wide range of other business sectors that rely upon equipment/asset management as a critical factor of operational success.
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closed 2/9/2011 via PR Newswire

Telogis Inc., purchased Mobile Resource and Fleet Management from Intergis LLC

synopsis: Telogis Inc., the platform for location intelligence, has acquired certain assets and substantially all of the business of Intergis, a provider of routing, mobile resource and fleet management solutions for small to mid-sized businesses (SMBs).
buyer: Telogis Inc.
Telogis Inc., the platform for location intelligence, is dedicated to enhancing the value of its customers' businesses through intelligent integration of location technology, information and services. Telogis was established in 2001 and is headquartered in Aliso Viejo, California. "
seller: Intergis LLC
Intergis is a leading single-source provider of mobile resource and fleet management solutions for small to mid-sized businesses and large enterprises in a variety of industries.
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announced 4/12/2019 via BNC Analysis

Seagull AS, will acquire TeroMarine

synopsis: Norwegian Seagull AS , entered into a share purchase agreement for 89% of the shares in Tero Marine AS. Norway’s Tero Marine has developed fleet management software for the shipping industry for more than three decades. Their flagship, the TM Master suite, has established itself as one of the leading brands in the business.
buyer parent: Herkules Capital
buyer: Seagull AS
Norway’s Seagull Maritime AS is the leading provider of competence management solutions and e-learning material for seafarers worldwide and offers a comprehensive library of training and onboard courses for regulatory compliance and improved seafarer knowledge. "
target: TeroMarine
Norway’s Tero Marine has developed fleet management software for the shipping industry for more than three decades. Their flagship, the TM Master suite, has established itself as one of the leading brands in the business.
price ($mm)
rev ($mm)
EBITDA ($mm)
$1
EV / rev
EV / EBITDA
0.0x
closed 5/30/2013 via BNC Analysis

TeroMarine, acquired Teomaki AS

synopsis: Norwegian maritime software house Tero Marine has acquired 95% of the shares in one of its closest competitors, Teomaki. Teomaki AS provides IT control and management systems to shipping and offshore sectors.
buyer: TeroMarine
Tero Marine develops system that increases management control, significantly reduces operational complexity, thus enabling ship owners to reduce the cost of operations whilst retaining the value of their assets. "
target: Teomaki AS
Teomaki aims to deliver a world class IT suite to its customers in co-operation with partners, employees and other software houses. The core market to Teomaki AS is the shipping and offshore industry.
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announced 5/13/2019 via Company Press Release

Oakley Capital Investments Limited, will acquire Seagull AS

synopsis: Herkules Capital has entered into an agreement to sell Seagull Maritime AS to a fund managed by Oakley Capital. Seagull is the leading provider of competence & training management solutions for the maritime industry. The company was established in 1996 and is based in Horten, Norway.
buyer parent: Oakley Capital Limited
buyer: Oakley Capital Investments Limited (OCL:$88.88)
Oakley Capital Investments Limited ("OCI"), an AIM listed company, seeks to provide investors with long term capital appreciation, through its investment in the Funds of Oakley Capital Private Equity and through co-investment opportunities. "
target parent: Herkules Capital
target: Seagull AS
Norway-based Seagull Maritime AS is the leading provider of competence management solutions and e-learning material for seafarers worldwide and offers a comprehensive library of training and onboard courses for regulatory compliance and improved seafarer knowledge.
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announced 4/12/2019 via BNC Analysis

Seagull AS, will acquire TeroMarine

synopsis: Norwegian Seagull AS , entered into a share purchase agreement for 89% of the shares in Tero Marine AS. Norway’s Tero Marine has developed fleet management software for the shipping industry for more than three decades. Their flagship, the TM Master suite, has established itself as one of the leading brands in the business.
buyer parent: Herkules Capital
buyer: Seagull AS
Norway’s Seagull Maritime AS is the leading provider of competence management solutions and e-learning material for seafarers worldwide and offers a comprehensive library of training and onboard courses for regulatory compliance and improved seafarer knowledge. "
target: TeroMarine
Norway’s Tero Marine has developed fleet management software for the shipping industry for more than three decades. Their flagship, the TM Master suite, has established itself as one of the leading brands in the business.
price ($mm)
rev ($mm)
EBITDA ($mm)
$1
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0.0x
announced 6/3/2015 via PE Hub

Herkules Capital, will acquire Seagull AS

synopsis: GMT Communications Partners will sell Seagull Group, a provider of computer based training systems for seafarers, to Herkules Capital. Seagull’s offerings are delivered with cloud-based and on-site solutions, for use on-board and in office. Seagull’s technology platform provides computer-based courses to improve general seafarer knowledge.
buyer: Herkules Capital
Herkules Capital is a leading Private Equity firm in Norway and has raised funds totaling about NOK 15 billion. They invest in companies located in the Nordic region, primarily in Norway, and acquire majority interests in established businesses with strong growth potential. "
target parent: GMT Communications Partners
target: Seagull AS
Seagull AS is the leading provider of computer based training systems for seafarers worldwide and offers a comprehensive library of e-learning and on-board courses for regulatory compliance and improved seafarer knowledge.
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closed 3/26/2014 via Company Press Release

Seagull AS, acquired MindIT Solutions AS

synopsis: Seagull has acquired all the shares in e-learning specialist MindIT Solutions AS, Kristiansand, Norway, specialist provider of web based learning to the offshore industry.
buyer: Seagull AS
Seagull AS is the leading provider of computer based training systems for seafarers worldwide and offers a comprehensive library of e-learning and on-board courses for regulatory compliance and improved seafarer knowledge. "
target: MindIT Solutions AS
MindIT is an e-learning company that assists businesses and organizations in connection with skills development through effective use of technology. MindIT delivers Training Content, Consulting and Training System Solutions to many of the major operators of drilling rigs and other offshore units.
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closed 2/18/2021 via Company Press Release

Mintra Group, acquired Safebridge GmbH

synopsis: Mintra Holding a leading provider of digital learning and Human Capital Management systems for safety-critical industries - announced it has acquired the maritime digital learning and crew competence management specialists, Safebridge.
buyer parent: The Riverside Company
buyer: Mintra Group (OB:MNTR:$25.86)
Mintra develops and deploys software solutions that enable its clients to develop and deploy their people, readily demonstrate compliance, and maximize operational efficiency. Mintra is headquartered in Bergen and has offices in Oslo, Stavanger, Aberdeen, Dubai, and more. "
target: Safebridge GmbH
Based in Germany, Safebridge is a maritime digital learning and crew competence management specialist. The company provides highly interactive online training, modern, rank and industry-specific assessments and a revolutionary approach to managing digital certificates and the associated workflows.
price ($mm)
$7.15
rev ($mm)
$4
EBITDA ($mm)
EV / rev
1.7x
EV / EBITDA
announced 5/13/2019 via Company Press Release

Oakley Capital Investments Limited, will acquire Seagull AS

synopsis: Herkules Capital has entered into an agreement to sell Seagull Maritime AS to a fund managed by Oakley Capital. Seagull is the leading provider of competence & training management solutions for the maritime industry. The company was established in 1996 and is based in Horten, Norway.
buyer parent: Oakley Capital Limited
buyer: Oakley Capital Investments Limited (OCL:$88.88)
Oakley Capital Investments Limited ("OCI"), an AIM listed company, seeks to provide investors with long term capital appreciation, through its investment in the Funds of Oakley Capital Private Equity and through co-investment opportunities. "
target parent: Herkules Capital
target: Seagull AS
Norway-based Seagull Maritime AS is the leading provider of competence management solutions and e-learning material for seafarers worldwide and offers a comprehensive library of training and onboard courses for regulatory compliance and improved seafarer knowledge.
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closed 11/9/2018 via BNC Analysis

Mintra Group, acquired Atlas Knowledge

synopsis: The HR, competence and training specialist Mintra Group has acquired Aberdeen headquartered learning technology services firm Atlas Knowledge. Atlas Knowledge is a leading provider of digital learning solutions to safety critical industries worldwide.
buyer parent: The Riverside Company
buyer: Mintra Group (OB:MNTR:$25.86)
MINTRA GROUP is a leading global partner for companies within oil and gas, maritime, construction and renewables looking to achieve cost effective management of HR, competence and training. "
target parent: HgCapital
target: Atlas Knowledge
Atlas Knowledge is a leading provider of digital learning solutions to safety critical industries worldwide. Atlas has served the learning and compliance needs of standards bodies, regulators and more than 1,700 corporate customers, including 6 of the top 10 largest energy companies in the world.
price ($mm)
rev ($mm)
$6
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0.0x
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announced 8/29/2018 via Company Description

Polaris Private Equity, will acquire Falck Safety Services

synopsis: Polaris, a Danish private equity firm, will acquire 100% of the shares in Falck Safety Services Holding A/S and take over all Safety Services activities in Falck. Falck Safety Services is an international leader in rescue and safety training, providing safety services to the oil & gas, maritime, renewable energy and other high-risk industries.
buyer: Polaris Private Equity
Polaris is a Danish-owned private equity firm with activities across a range of industries and experience building growth companies, including providers of critical services to the renewable energy industry, among others. "
target parent: Falck
target: Falck Safety Services
Falck Safety Services is an international leader in rescue and safety training, providing safety services to the oil & gas, maritime, renewable energy and other high-risk industries. Falck Safety Services trains staff in safe conduct and survival skills aimed at preventing accidents and injuries.
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closed 6/9/2021 via BNC Analysis

ICC Compliance Center, acquired iHazmat

synopsis: ICC Compliance Center, a Canadian provider of solutions for regulatory compliance in the transportation of dangerous goods, has acquired iHazmat, a multiservice dangerous goods regulatory company in Canada. iHazmat offers online regulatory compliance courses for lithium batteries transportation, dangerous goods transportation, and more.
buyer: ICC Compliance Center
ICC Compliance Center is a Canadian provider of solutions for regulatory compliance in the transportation of dangerous goods and workplace safety. ICC Compliance Center specializes in labeling, packaging, training and consulting. They offer boxes, shipping kits, labels, placards, and more. "
target: iHazmat
iHazmat is a multiservice dangerous goods regulatory company in Canada. iHazmat provides certified online hazmat training, regulatory support and e-learning software technology. They offer regulatory compliance courses for lithium batteries transportation, dangerous goods transportation, and more.
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closed 6/23/2020 via BusinessWire

Ridgemont Equity Partners, acquired American Safety Council

synopsis: Ridgemont Equity Partners has acquired American Safety Council, a leading national provider of mandatory training, education, and certification solutions to regulated end markets. ASC distributes 100% of its life-saving content in digital format and focuses on workplace safety, driver safety and vocational certifications.
buyer: Ridgemont Equity Partners
Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested approximately $4.4 billion. "
target parent: Falfurrias Capital
target: American Safety Council
American Safety Council is a leading national provider of mandatory training, education, and certification solutions to regulated end markets. ASC distributes 100% of its life-saving content in digital format and focuses on workplace safety, driver safety and vocational certifications.
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closed 2/10/2020 via PR Newswire

Smith System, acquired Driver's Alert

synopsis: Smith System Driver Improvement Institute, Inc., a portfolio company of Levine Leichtman Capital Partners, has acquired Driver's Alert, LLC.  Driver's Alert provides fleet safety management solutions that combine real-time driver observation, comprehensive online safety training, and data management and risk identification tools.
buyer parent: Levine Leichtman Capital Partners Inc.
buyer: Smith System
Founded in 1952, Smith System is a trusted leading provider of safety training solutions for large commercial fleets and midstream pipeline operators, helping its customers reduce costs associated with negative operating behaviors and comply with stringent regulations. "
target: Driver's Alert
Driver's Alert provides fleet safety management solutions that combine real-time driver observation (via vehicle telematics and decal programs), comprehensive online safety training, and data management and risk identification tools.
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closed 7/19/2017 via PR Web

Delancey Street Capital Partners, LLC, Intuitis, acquired Driving Dynamics Inc.

synopsis: Driving Dynamics, in business for 30 years, has been acquired by managing owner Art Liggio, Driving Dynamics’ president and CEO, majority owner investment firm Intuitis LLC, and Delancey Street Capital Partners. Driving Dynamics Inc. is a provider of advanced performance driver safety training for fleet-based organizations throughout North America.
buyer: Intuitis
buyer: Delancey Street Capital Partners, LLC
Intuitis LLC, founded in 2000, is funded by a team of seasoned and successful long-term investors based in the U.S. and Europe. The firm focuses on acquiring control investments in small- to growing middle- market companies and seeks to invest in the long-term development of these businesses. "
target: Driving Dynamics Inc.
Driving Dynamics Inc. is a provider of advanced performance driver safety training for fleet-based organizations throughout North America.
price ($mm)
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EBITDA ($mm)
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EV / EBITDA
closed 5/13/2014 via BusinessWire

Falfurrias Capital, acquired American Safety Council

synopsis: Falfurrias Capital Partners, a Charlotte-based private equity firm, announced it has acquired a controlling interest in American Safety Council (“ASC”) to support and enhance ASC’s growth under the leadership of CEO Jeff Pairan. The American Safety Council pioneers e-Learning solutions and provides alternative delivery method courses.
buyer: Falfurrias Capital
Falfurrias Capital Partners is a Charlotte-based private equity investment firm founded in 2006. The firm is focused on acquiring or investing in a diverse portfolio of growth oriented middle market companies. "
target: American Safety Council
The American Safety Council pioneers e-Learning solutions and provides alternative delivery method courses. ASC offers online traffic and workplace safety training and regulatory-driven, professional continuing education programs.
price ($mm)
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closed 6/5/2013 via PR Web

Compliance Safety Systems merged with WorkforceQA,

synopsis: Compliance Safety Systems (CSS) and WorkforceQA have merged. CSS is a leader in DOT compliance within the trucking industry due to its robust software system and customer service. CSS corporate offices have relocated its day to day operations to Salt Lake City, UT, the location for WorkforceQA.
buyer: WorkforceQA
WorkforceQA utilizes cutting edge Web-based technology to offer a full range of services to the Drug-Free Workplace Industry. WorkforceQA delivers everything a small company needs to become a Drug-Free Workplace. "
target: Compliance Safety Systems
Compliance Safety Systems is the technology leading Third Party Administrator of Employee or Contractor Drug and Alcohol Screening Services. The company focuses primarily on the transportation industry and other industry segments that are required to perform drug and alcohol testing.
price ($mm)
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announced 3/2/2016 via BNC Analysis

ARGUS International, Inc., will acquire Unmanned Safety Institute, LLC

synopsis: ARGUS International, Inc. will acquire Unmanned Safety Institute, which has carved out a recognized and respected position in the safety training, certification and management of unmanned aerial vehicles. The acquisition couples nicely with ARGUS’ global presence in the aviation safety training, auditing, rating, and SMS business.
buyer: ARGUS International, Inc.
Headquartered in Cincinnati, ARGUS provides world-class aviation software and business management solutions, including AVMOSYS business management software, TRAQPak, CHEQ, and ARMOR SMS. "
target: Unmanned Safety Institute, LLC
Founded in 2014, the Unmanned Safety Institute is a professional flight safety organization for operators, enterprises, and organizations focused on integrating and operating Unmanned Aircraft Systems (UAS) safely for civil or commercial purposes.
price ($mm)
rev ($mm)
EBITDA ($mm)
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announced 6/3/2015 via PE Hub

Herkules Capital, will acquire Seagull AS

synopsis: GMT Communications Partners will sell Seagull Group, a provider of computer based training systems for seafarers, to Herkules Capital. Seagull’s offerings are delivered with cloud-based and on-site solutions, for use on-board and in office. Seagull’s technology platform provides computer-based courses to improve general seafarer knowledge.
buyer: Herkules Capital
Herkules Capital is a leading Private Equity firm in Norway and has raised funds totaling about NOK 15 billion. They invest in companies located in the Nordic region, primarily in Norway, and acquire majority interests in established businesses with strong growth potential. "
target parent: GMT Communications Partners
target: Seagull AS
Seagull AS is the leading provider of computer based training systems for seafarers worldwide and offers a comprehensive library of e-learning and on-board courses for regulatory compliance and improved seafarer knowledge.
price ($mm)
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closed 7/29/2020 via Company Press Release

EV Private Equity, acquired Trainor

synopsis: Norwegian firm EV Private Equity has acquired Norway-based Trainor, a provider of electrical safety training, digital solutions, and consultancy services to the global energy, renewables, power and grid, and maritime industries. The investment will see EV Private Equity become the majority shareholder, alongside Trainor management and employees.
buyer: EV Private Equity
Norway-based EV Private Equity is an independent growth equity firm dedicated to creating value and driving superior returns for our investors. The firm invests in new technologies that lower costs, increase productivity, and reduce risk and carbon footprint for the energy industry. "
target: Trainor
Trainor is a Norwegian provider of electrical safety training, digital solutions, and consultancy services to the global energy, renewables, power and grid, and maritime industries. Trainor has developed a suite of e-learning, blended learning, classroom training courses, and tailor-made courses.
price ($mm)
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EV / EBITDA

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MiX Telematics
MiX Telematics, founded in 1996, is a leading global provider of fleet and mobile asset management solutions. The company’s products and services provide enterprise fleets, small fleets and consumers with solutions for safety, efficiency and security.
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$121.20
EBITDA ($mm)
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Cabcharge Australia Limited
Cabcharge Australia Limited
Cabcharge is a provider of electronic payment systems and software for taxis in Australia. Their solutions include a personalized payment card, single use e-tickets, and gift cards. They also offer a cloud based travel management platform that give taxi companies better visibility and insight.
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I.D. Systems, Inc.
I.D. Systems, Inc.
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K2Fly
K2Fly
K2fly is an Australian provider of asset management software solutions. K2fly’s Infoscope Land Management System is an innovative solution that helps companies to maintain their ‘social license’ to operate on land. Their solutions power clients in the mining, infrastructure and utilities sectors.
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Cargotec Corporation
Cargotec Corporation
Cargotec Corporation improves the efficiency of cargo flows on land and at sea – wherever cargo is on the move. Cargotec’s daughter brands Hiab, Kalmar and MacGregor are recognised leaders in cargo and load handling solutions around the world.
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Aether Systems, Inc.
Aether Systems provides wireless and mobile data solutions that increase efficiency and productivity for the Transportation, Fleet Management, and Mobile Government markets. Aether's transportation and fleet management solutions, in use by over 600 fleets, include the industry-leading MobileMax(TM)
year
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EBITDA ($mm)
($27.80)
EBIT ($mm)
($30.90)
Net Income ($mm)
Employees
0
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Ticker: CLTR
 
 
 
 
 
 
 
 
Celtron International Inc.
Celtron International Inc., incorporated in April 1998, markets vehicle locating and management systems, which, utilizing cellular, global positioning and satellite technology, help fleet owners manage their fleets of vehicles, and help consumers to locate stolen vehicles. Further application of th
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2002
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
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