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New Deal


Announced

Veson Nautical to acquire Q88.

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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information management

Single Bidder

Productivity Software

Friendly

United States

Domestic

Pending

Acquisition

Software

Private

Majority

Synopsis

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Veson Nautical, a developer of maritime management and trading software, agreed to acquire Q88, a developer of commercial shipping management software. Financial terms were not disclosed. “We are extremely excited to announce the acquisition of Q88 today. In Q88, we saw a company that shared our values, vision and commitment to developing innovative digital solutions that reflect the realities of modern commercial shipping. This acquisition further enhances this ambition and is a natural next step in Veson’s journey to be the standard platform that propels maritime commerce," John Veson, Veson Nautical Co-Founder and CEO.

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