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New Deal


Announced

Cornes to acquire GNS.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private

marine navigation

Acquisition

Digital Services

Majority

Single Bidder

United Kingdom

Pending

Synopsis

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Cornes Chart Group, a chart company, agreed to acquire Global Navigation Solutions, the maritime solutions company that provides digital solutions for real-time navigation, navigation management, voyage optimization, regulatory compliance, ship-to-shore communications and cybersecurity. financial terms were not disclosed. “Over the last 4 years, GNS has invested heavily in developing the market-leading suite of digital products for marine navigation, Voyager. GNS’s combination with Cornes will accelerate the development of Voyager and GNS’s other services and will maintain GNS’s strong culture around the safety of life at sea," Paul Stanley, GNS CEO.

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