September 04. 2023

Mayer Brown advises Marcura on acquisition of world’s leading maritime procurement platform ShipServ Ltd.

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Mayer Brown has advised Marcura, the Dubai-based provider of software and other solutions to the maritime industry, on its acquisition of the world’s leading maritime procurement platform, ShipServ Ltd.

Marcura is a portfolio company of Marlin Equity Partners. Its software solutions include a payments platform, port time cost management and sanctions compliance software.

ShipServ is a leading online maritime trading platform and marketplace, connecting ship operators to suppliers such as specialist marine engineering companies, manufacturers, chandlers and marine safety suppliers.

The combination of Marcura and ShipServ creates an industry leading software, data, payments and procurement platform focused on the maritime sector. The combined group will serve a combined customer base of 800 maritime customers and a network of 47,000 maritime suppliers globally.

Mayer Brown’s team was led by private equity partner James West and included Corporate & Securities partner Justin Tan (Singapore), senior associate Stephanie Grajales, associates Anna Jackson-Smith and James Beattie, trainees Laura Sainty and Priyanka Patel (all London) and counsel George Rudy (New York), Employment & Benefits partner Christopher Fisher, IP partner Mark Prinsley, Litigation & Dispute Resolution partner Jason Hungerford and Tax partner Kitty Swanson and senior associate Kirsten Hunt (all London).

The transaction demonstrates Mayer Brown’s specialism in advising private equity funds and their investee companies on buy-and-build transactions, with several of these deals completing in recent weeks.

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