Parties
Company
Accelleron
Company
True North Marine
Maritime technology firm Accelleron is set to acquire Montreal-based digital weather routing and voyage optimisation company True North Marine (TNM).
Accelleron will take over TNM in its entirety and retain all employees. Both parties have agreed not to disclose any information on the purchase price.
The transaction is expected to close in the next weeks, subject to customary closing conditions. The acquisition is funded by existing cash.
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date