SRT Marine Systems has raised US$3.5 million via a placing and open offer
April 2020 — SRT Marine Systems Plc has successfully raised US$3.5 million of new capital from both institutional and retail investors.
SRT Marine Systems is a global company that develops and provides advanced vessel tracking, monitoring, management and analytic systems which are used by coast guards, fishery authorities, infrastructure and vessel owners, for the purposes of managing and controlling their maritime domain. Applications include security, safety, search and rescue, law enforcement, illegal fishing detection and environment monitoring.
Our role in the transaction
Oaklins Cavendish’s sister firm finnCap, based in the UK, in its role as financial advisor and broker, advised SRT Marine Systems’ management team and shareholders all the way from the start to the successful completion of the fundraising. During this process, the team initiated and advised on many aspects, including securing pre-commitments from cornerstone investors, deal structuring, and the fundraising pricing and sizing.
Talk to the deal team
Related deals
OEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value
OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.
Learn moreVerdane has completed the acquisition of Augmentum Fintech
Following the acceptance of its offer and subsequent shareholder approval, Augmentum Fintech plc has been acquired by Verdane Advisors AS.
Learn moreF.EE has been acquired by One Equity Partners
F.EE GmbH, one of Germany’s leading providers of innovative solutions in mechanical engineering, automation hardware, cabinet control, software and robot programming, has been acquired by One Equity Partners. This transaction will strengthen the private equity firm’s operations in the industrial automation space. The sellers have reinvested and will remain involved in the business for the coming years.
Learn more