Job Description
Star Information Systems acquired by private equity firm
Maritime software provider Star Information Systems (STAR) has confirmed that Norwegian private equity firm Longship Investment Company has acquired a majority stake in the company. The financial details have not been disclosed.
“We are pleased to announce our partnership with Star Information Systems,” says Johan Anstensrud, lead partner for Longship’s investment.
“With the release of their new web-based software platform and their accumulated expertise within planned maintenance, supply and logistics, and HSEQ, STAR is well-positioned to lead in the maritime software landscape as the industry transitions from on-premise to web-enabled solutions.”
“Through our investment, Longship aims to collaborate closely with STAR’s existing stakeholders to drive the company’s continued growth within maritime and adjacent markets.”
In 2023, STAR reported revenues of approximately NOK 100 million (US$9....
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