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Announced

Completed

Accel-KKR completed the acquisition of a majority stake in NAVTOR.

Financials

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

Tags

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navigational software

Software

Majority

Private Equity

Single Bidder

Acquisition

Private

Friendly

Completed

Norway

Synopsis

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Accel-KKR completed the acquisition of a majority stake in NAVTOR, a provider of navigational software for the maritime industry. Financial terms were not disclosed. "With Accel-KKR's backing, we see tremendous opportunities to take NAVTOR to the forefront of our industry, and to further serve our customers with a total ship operations platform – from navigation excellence to fleet optimization and crew performance. Specifically, we are very excited to be working with Accel-KKR given their breadth of software-specific and M&A capabilities to accelerate NAVTOR 's top-line growth," Børge Hetland, NAVTOR CCO and Co-Founder.

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