ShipServ sold to Marcura, backed by Marlin Equity
Silverpeak’s well-established relationships and expert process management led to a successful conclusion within four months of engagement.
About our client
ShipServ is the maritime industry’s foremost e-procurement platform, enabling significant OpEx spend for vessels globally offering a a one-stop-shop for ship parts and consumables.
As the largest trading marketplace in the blue economy, ShipServ plays a pivotal role in spearheading operational efficiency, ensuring trusted supply chains, and fostering sustainable growth in the pursuit of a thriving blue economy.
Why they chose us
The board chose Silverpeak due to the company’s hybrid subscription-led marketplace business model, strategic positioning in the blue economy, and ability to articulate this value to both PE & strategic acquirers
Silverpeak conducted a comprehensive process, securing an exit for existing investors and paving the way for future growth within a larger PE-backed platform
How we added value
Silverpeak provided invaluable support to management, refining their business plan and operating model, preparing cohesive investor materials, skilfully negotiating key transaction terms, and expertly guiding shareholders through a competitive process
Silverpeak’s global reach enticed an international audience, culminating in the sale to a PE-backed platform that offered a full exit for shareholders
The successful outcome
Thanks to Silverpeak’s well-established relationships, the transaction concluded within a mere four months of engagement. This successful deal not only provided management with a larger platform but also introduced appropriate equity incentives, empowering them to generate even greater value for the future.
Transaction Summary
Client
ShipServ
Deal Type
Exit
Counterparties
Sector
Software
Amount
Undisclosed
Countries
UK / AE
Silverpeak team
“Silverpeak promptly comprehended the unique dynamics of our industry and business model, and they efficiently mobilised as a team to ensure a smooth and competitive transaction process. Their professionalism, work ethic and deep understanding of the digital maritime sector were evident throughout, culminating in a great outcome for management and shareholders.”