M&A Deal Summary

Veson Nautical Acquires Oceanbolt

On September 1, 2021, Veson Nautical acquired software company Oceanbolt

Acquisition Highlights
  • This is Veson Nautical’s 1st transaction in the Software sector.
  • This is Veson Nautical’s 1st transaction in Norway.

M&A Deal Summary

Date 2021-09-01
Target Oceanbolt
Sector Software
Buyer(s) Veson Nautical
Deal Type Add-on Acquisition

Target

Oceanbolt

Oslo, Norway
website
Oceanbolt is a data-as-a-service company focused on delivering real-time dry bulk intelligence via a web-based analytics dashboard, API, SDKs (Python, R), and Excel Add-in. Oceanbolt was founded in 2019 and is based in Oslo, Norway.

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Buyer(S) 1

Buyer

Veson Nautical

Boston, Massachusetts, United States

website


Category Company
Founded 2003
Sector Software
DESCRIPTION

Veson Nautical is a provider of commercial maritime operations software and services. The company’s integrated solutions foster collaboration and communication, enabling the world’s leading shipping organizations to optimally manage voyage chartering, operations, financials, and risk. Veson Nautical was founded in 2003 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 1 of 3
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 3
Country (Norway) 1 of 1
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-04 Q88

Westport, Connecticut, United States

Q88 is a maritime SaaS technology provider and a preeminent voice shaping the industry. The company's products and services are synonymous with simplifying the complexities of global maritime transportation and giving organizations of all types a competitive edge in a demanding environment. Its partnership with leading ship owners, charterers, ship managers, agents, and brokers has provided the company insight into how to build solutions for some of the industry’s most pressing issues. Q88 was formed in 2001 and is based in Westport, Connecticut.

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