Based in the UK, MariTrace provides vessel tracking solutions for a range of customers including commercial vessels, insurance and security providers, and yachts. The acquisition significantly strengthens Sinay’s platform and offering.
The transaction team at Harbottle & Lewis was led by co-managing partner Charlie Leveque and associate David Jones.
On working with Harbottle & Lewis, CEO of Sinay SAS, Yanis Souami, commented:
“The acquisition of MariTrace represents an important milestone for us – it is central to our mission to become the leading full end-to-end ocean data & intelligence platform for all maritime industries. The Harbottle team guided us expertly through the transaction and we felt brilliantly supported throughout”
Co-managing partner, Charlie Leveque said:
“We are very pleased to have supported Sinay SAS in achieving this significant strategic milestone. This transaction highlights Harbottle & Lewis’s expertise in advising on complex cross-border acquisitions, particularly within the technology sector. We look forward to seeing Sinay SAS continue to expand its reach and drive innovation in the maritime industry.”