The company, which is chaired by former BP boss Lord John Browne, is to be bought by a fund linked to FTV Capital.

Evening Standard

London

Greater London

England

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US investor to snap up maritime AI specialist Windward for £216m

The company, which is chaired by former BP boss Lord John Browne, is to be bought by Octopus UK Bidco, a subsidiary of an FTV Capital investment fund

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Daily Mirror

Reach plc

AI specialist Windward set to be bought by US investment fund in £216m deal

Maritime analytics firm Windward has agreed to be snapped up by an investment fund in a £216 million deal.

Shropshire Star

MNA Media

Ketley

Shropshire

Evgeny Lebedev

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

Patricia Harmsworth, Viscountess Rothermere

Carron Greig

Predictive maritime intelligence company Windward, which harnessed the power of AI to create a unique platform, has agreed to a buyout by U.S.-based F...

The Maritime Executive

Windward Maritime Intelligence Business Agrees to Buyout from U.S. Investor

Maritime analytics firm Windward has agreed to be snapped up by an investment fund in a £216 million deal. It will become the latest in a raft of London-listed companies to be taken private by US investors this year. The company, which is chaired by former BP boss Lord John Browne, is to be bought by Octopus UK Bidco, a subsidiary of an FTV Capital investment fund. The deal will see the FTV fund pay 215p per Windward share. It represents a 47% p…

Jersey Evening Post

Claverley Group

Maritime intelligence platform listed on the London Stock Exchange in 2021

TradeWinds | Latest shipping and maritime news

FTV Capital fund launches bid to acquire maritime tech firm Windward for $271m

The price represents a 39% premium over the valuation at which the shipping information tech company was floated on AIM three years ago.

Globes

US private equity fund buying Israel's Windward for NIS 1b

The acquisition report highlighted FTV’s plan to accelerate Windward’s growth by expanding beyond maritime operations into global supply chain analytics. By Pesach Benson, TPS Windward, a Tel Aviv-based maritime analytics company, will be acquired by Octopus UK Bidco Ltd for approximately one billion shekels ($270 million), the companies announced on Wednesday. The London-based Octopus belongs to the San Francisco growth equity firm FTV Manageme…

Israel

Windward sails into new waters with $270M acquisition by US investment fund

Windward has become the latest tech firm to exit the London Stock Exchange after the maritime AI business was acquired by a fund linked to US investor FTV Capital in a £216m deal. The offer price of 47p per share represents a 47% premium to Windward’s share price as of yesterday and is nearly double the company’s twelve-month volume weighted average closing price. Windward, which listed on the stock exchange only three years ago, said it took th…

UKTN (UK Tech News)

Maritime AI firm Windward bought by FTV Capital in £216m deal

London-listed Israeli predictive maritime intelligence firm Windward is set to be acquired by US investment firm FTV Capital in a deal valued at £216m ($270m) million. Windward will be bought out by Octopus UK Bidco, a subsidiary of FTV Capital’s investment fund at 215p per share, a 47% premium on Windward’s last closing price. The …

US investor to snap up maritime AI specialist Windward for £216m

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