Kpler Acquires MarineTraffic and FleetMon
Summary
The company has now made five acquisitions in the last 18 months and secured over $200 million investment funding in 2022 from private equity firms Five Arrows and Insight Partners. Following these two new acquisitions, the company will employ over 500 employees across the world and serve more than a million active users across the wider maritime and commodity industries. Established in 2007 and led by Lars Brandstäter, CEO, FleetMon offers a public vessel data collection platform, which helps organisations deliver logistic reports. Led by CEO François Cazor, Kpler is a data and analytics company on a mission to facilitate sustainable and trade. Kpler delivers its offering through technology solutions built in the market to make informed and timely trading decisions.