M&A Deal Summary

Navico Acquires C-Map

On July 2, 2018, Navico acquired information technology company C-Map

Acquisition Highlights
  • This is Navico’s 1st transaction in the Information Technology sector.
  • This is Navico’s 1st transaction in Italy.

M&A Deal Summary
Date 2018-07-02
Target C-Map
Sector Information Technology
Buyer(s) Navico
Deal Type Merger

Target

C-Map

Massa, Italy
C-MAP is a provider of electronic navigational charts (ENCs), fleet management technologies, and vessel and voyage optimization solutions. With a trusted global vector chart database and the ability to provide flexible chart management, weather updates & voyage optimization, C-MAP is poised to help tomorrow’s maritime businesses successfully transition to ECDIS and e-navigation. C-MAP also serves recreational boaters worldwide, providing innovative cartography products and services for all types of leisure boaters, from fishermen and sailing enthusiasts to powerboat owners.

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Buyer(S) 1

Buyer

Navico

Tulsa, Oklahoma, United States
Category Company
Founded 2006
Sector Electronics
Employees2,000
Revenue 470M USD (2021)
DESCRIPTION

Navico is a provider in marine electronics for the recreational segment and is an innovative force within the commercial marine market. Navico offers multi-function displays, fish finders, autopilots, sonar, radar, and cartography. Navico strong brands serve most major powerboat and sailing markets for both recreational and commercial applications. Navico was founded in 2006 and is based in Tulsa, Oklahoma.

DEAL STATS #
Overall 4 of 4
Sector (Information Technology) 1 of 1
Type (Merger) 1 of 1
Country (Italy) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-15 Jeppesen - Marine Business

United States

Jeppesen Marine is one of the premier players in electronic charting and value added services for recreational and commercial marine.

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