PE Deals

PE-backed Kpler buys MarineTraffic & FleetMon

Kpler has over $200m funding from private equity firms Five Arrows and Insight Partners.

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  • Athens-based MarineTraffic is a global provider of ship tracking maritime intelligence
  • The transaction comes on the back of MarineTraffic’s acquisition of FleetMon
  • Insight Partners is a global software investor headquartered in New York

Kpler, backed by Five Arrows and Insight Partners, has acquired MarineTraffic and FleetMon, providers of global ship-tracking data and maritime analytics. No financial details of the deal were disclosed.

MarineTraffic, headquartered in Athens, Greece, is a global provider of ship tracking maritime intelligence. Rostock, Germany-based FleetMon is a provider of AIS data to corporates including industrials at the end of the supply chain.

The transaction comes on the back of MarineTraffic’s acquisition of FleetMon, resulting in a double acquisition for Kpler in the maritime analytics space, according to a release.

With these acquisitions, Kpler will now employ more than 500 employees across the world.

“We believe the time has come to marry commodity and maritime intelligence into one single platform,” said François Cazor, CEO, Kpler. “This will lead to improvements in the data and services we provide and drive further innovation in the maritime sector, by incorporating the excellent work of both MarineTraffic and FleetMon.”

Kpler has made five acquisitions in the last 18 months and secured over $200 million investment funding in 2022 from Five Arrows and Insight Partners.

Kpler is a data and analytics firm based in Brussels, Belgium.

Five Arrows Principal Investments (FAPI) is the European corporate private equity business of Rothschild & Co’s merchant banking business. Based in London, Paris, and Luxembourg, the firm manages €2.8 billion of capital focused on investing in middle-market companies in Western Europe.

Insight Partners, headquartered in New York, is a global software investor partnering with high-growth technology, software, and internet startup and scaleup companies. The firm managed more than $80 billion in regulatory assets as of 30 June 2022.

Berenson & Company was the financial advisor to Kpler, who received legal advice from Cooley (UK) and Karatzas & Partners (Greece).