M&A Deal Summary

CAI Acquires Maritech

On February 28, 2024, CAI acquired internet software and services company Maritech

Acquisition Highlights
  • This is CAI’s 1st transaction in the Internet Software and Services sector.
  • This is CAI’s 1st transaction in Norway.

M&A Deal Summary
Date 2024-02-28
Target Maritech
Sector Internet Software and Services
Buyer(s) CAI
Deal Type Add-on Acquisition

Target

Maritech

Molde, Norway
Maritech is a cloud-based ERP provider for the seafood and logistics industries across European and North American markets. Maritech was formed in 1984 and is based in Molde, Norway.

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Buyer(S) 1

Buyer

CAI

Smithfield, Rhode Island, United States
Category Company
Founded 1977
Sector Software
DESCRIPTION

CAI is a provider of specialized enterprise resource planning (ERP) software with industry expertise in several industry sectors, including seafood and other food processing and distribution, lumber and building materials, precious metal refining, and jewelry manufacturing. CAI was founded in 1977 and is based in Smithfield, Rhode Island.

DEAL STATS #
Overall 9 of 10
Sector (Internet Software and Services) 1 of 2
Type (Add-on Acquisition) 9 of 10
Country (Norway) 1 of 1
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-29 Minotaur Software

Mississauga, Ontario, Canada

Minotaur Software is a niche software developer. The Company looks to offer a practical yet comprehensive software tool, combined with intelligent service to help small businesses. Minotaur Software was formed in 1985 and is based in Mississauga, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-25 Parsable

San Francisco, California, United States

Parsable is a cloud-native Connected Worker platform used daily by global tier-1 manufacturers for production, maintenance, quality, safety, and ESG. Parsable was formed in 2013 and is based in San Francisco California.

Buy -
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