Trade intelligence data and analytics Kpler has secured a minority strategic growth equity investment of over $1bn from global investment firm Sixth Street, according to a statement issued by Sixth Street on Wednesday.
Under the terms of the deal, Kpler’s management team will remain majority owners of the business.
Insight Partners will remain a shareholder and roll a portion of its original investment, while Five Arrows will exit its position in the company.
Founded in 2014, Kpler collects and analyses physical asset data from proprietary and wide-ranging third-party sources to deliver real-time insights to the maritime, commodities, and defence markets.
MarineTraffic, a Kpler brand, is a provider of ship tracking and maritime intelligence.
The company says it plans to partner with Sixth Street to expand into adjacent markets, pursue its growth strategy, and accelerate new product development.
Sixth Street said Kpler had established itself as the industry standard in global physical trade intelligence.
“Kpler’s ability to aggregate, augment, and fuse data at scale across a fragmented physical asset ecosystem is highly differentiated, which is why customers increasingly see Kpler as the definitive platform for real-time decision making,” said Michael McGinn in New York and Henry Davies in London for Sixth Street Growth.
