Permira invests in RightShip to accelerate digital transformation in maritime safety

Permira has agreed to acquire a minority stake in RightShip, a Singapore-based maritime digital platform backed by founding shareholders BHP, Cargill, and Rio Tinto.

The investment will accelerate the company’s technology and AI-driven growth strategy while supporting its mission of zero harm to people and the planet.

Steen Lund, Chief Executive Officer of RightShip, said: “This investment is a strong endorsement of our strategy and impact. With Permira’s global scale and expertise in technology and M&A and the continued support of our founding shareholders, we will accelerate investment in our products, data, AI, and people to grow RightShip’s relevance and reach – enhancing our mission of zero harm to people and the planet.”

Daniel Tan, Partner at Permira, commented: “RightShip plays a critical role in improving safety and transparency in the maritime industry. The Company’s services and data offerings come together on its AI-powered platform to bring deeper insights, better decision making, and workflow automation to key stakeholders. Innovation thrives at RightShip – as product-first growth investors, we are delighted to partner with management and existing shareholders on this exciting journey.”

In a joint statement, representatives of BHP, Cargill, and Rio Tinto welcomed Permira as a shareholder, stressing that the combination of new capital and expertise will allow RightShip to expand its sustainability, safety, and efficiency offerings for the maritime ecosystem.

Rothschild & Co acted as financial advisor to RightShip and its shareholders. The transaction is expected to close following customary regulatory approvals.

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