February 2025
Agilitas Private Equity LLP (“Agilitas”), the pan-European mid-market private equity firm, has today announced that its portfolio company, Tidalis BV (“Tidalis” or the “Company”), a global leader in maritime software solutions for port, coastal and waterway authorities, port operators and pilot organisations, has acquired Made Smart Group BV (“MSG”), a Software as a Service (SaaS) provider specialising in information services for the global maritime industry, based in Amsterdam.
MSG specialises in innovative data science technologies, providing a range of products which support fleet management and passage planning, as well as other critical activities. MSG supports international customers in offshore construction, salvage, tug, pilot, shipping and hull-insurance industries, as well as surveillances authorities.
Tidalis and MSG have complementary offerings. The combination of Tidalis's cutting-edge software and MSG’s rich data and technology portfolio creates strong synergies. Together, the companies can accelerate their contribution to the increasing demand for sustainability, safety and security in the maritime industry.
Since Agilitas backed the buy-out of Saab AB’s Maritime Traffic Management division in November 2022, the Company has focused on driving multi-dimensional business transformation, including the carve-out of the business as a stand-alone entity, significant R&D investments into the product offering and a rebrand to Tidalis in June 2023. The Company continues to enhance its delivery of mission-critical solutions, including advanced vessel traffic, coastal surveillance and port management systems for clients globally including major ports in Rotterdam, Antwerp, Los Angeles, Abu Dhabi, and Halifax.
Ivo-Paul Tummers, CEO at Tidalis, said:
“This acquisition is not just about merging capabilities. It marks a powerful new chapter for the maritime industry. By uniting our strengths, we are positioned to drive the future of maritime technology and operations, strengthening our market leadership and accelerating innovation across the maritime and port sectors.”
Martin Calderbank, Managing Partner at Agilitas, commented:
“The acquisition of MSG offers clear advancement of Tidalis’s fundamental purpose of contributing to the safety and efficiency of the maritime supply chain and the environment. The combination promises new opportunities for the Company by enhancing the software solutions it provides and marks a strategic step for Tidalis as a standalone business.”
Media enquiries to: Greenbrook Communications – James Madsen and Teresa Berezowski
+44 20 7952 2000 | agilitas@greenbrookadvisory.com