Announced

Completed

Verdane completed the acquisition of a majority stake in Danelec Marine.

Synopsis

Verdane Capital Advisors, the Northern European growth equity investor, completed the acquisition of a majority stake in Danelec Marine, a global provider of maritime hardware and software solutions for data collection and safety. Financial terms were not disclosed. “With Verdane onboard, we will be able to accelerate our pursuit of organic and acquisition growth opportunities in existing and new technologies. Verdane has the double edge of extensive maritime industry experience, on top of being one of Northern Europe’s most active financial investors in technology growth companies. We are an excellent fit,” Hans Ottosen, Danelec Marine CEO.

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