SRT Marine Systems has completed a share placing
March 2022 — SRT Marine Systems plc (SRT) has raised funds to provide working capital for the systems division to enable implementation of multiple projects, such as increased production of digital navigation transceivers.
SRT Marine Systems is the global leader in maritime surveillance, security, management and safety products and integrated systems. Its state-of-the-art technology delivers advanced maritime domain awareness technology, products and systems, with particular expertise in automatic identification systems (AIS). Since 1987, customers from around the world have relied upon SRT to provide them with solutions for their maritime monitoring, management and surveillance objectives.
Our role in the transaction
Oaklins Cavendish’s sister firm finnCap, based in the UK, advised SRT Marine Systems on its US$6.6 million fundraise and acted as the sole broker in this transaction.
Talk to the deal team
Related deals
Mattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Learn moreVeremark has completed a secondary share sale
Veremark, the global workplace trust company, has completed an employee and early investor secondary share sale, on the London Stock Exchange’s (LSE) Private Securities Market (PSM), valuing the company at over US$133 million in enterprise value. Crowdcube, Europe’s leading private market liquidity platform, managed the transaction.
Learn moreCibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn more