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Agilitas backs buy-out of Saab AB’s Maritime Traffic Management business

Agilitas Private Equity, a pan-European mid-market private equity firm, is to back the buy-out of Saab AB’s Maritime Traffic Management business, a global provider of software solutions for the maritime sector.

Agilitas Private Equity (Agilitas), a pan-European mid-market private equity firm, is to back the buy-out of Saab AB’s Maritime Traffic Management business (MTM), a global provider of software solutions for the maritime sector.
 
As part of the deal, Kevin Iermiin, Partner of Agilitas, will be joining the board of MTM following the closing of the transaction.

MTM over 30 years’ experience in maritime software and its software solutions are used in some of the world’s largest ports. MTM’s key solutions include the Vessel Traffic Management Systems (VTMS) MaritimeControl and the Coastal Surveillance System (CSS) CoastWatch which are used by governmental agencies such as port authorities or coast guards to monitor vessel traffic as well as to support the safe and secure navigation of vessels in and around ports, coastal lines, and inland waterways.
   
The closing of the transaction is subject to the successful completion of the carve-out actions and regulatory approvals.

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