Navis, a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain, announced that Accel-KKR, a Silicon Valley-based technology-focused investment firm, has reached an agreement to acquire Navis from Cargotec. The transaction is subject to normal regulatory approvals and works council consultation in relevant jurisdictions.
Navis is recognized as a global leader providing mission critical software solutions and services for terminal, vessel and carrier, and inland freight operators and will play an important future role in delivering best-in-class technology and innovation to keep global cargo flowing.
“We are thrilled to welcome the entire Navis team to the Accel-KKR portfolio of market-leading software companies,” said Park Durrett, Managing Director of Accel-KKR.
Source: Business Wire
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.