Navarino UK Ltd

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Navarino UK Ltd - overview

Established

1996

Location

London, -, UK

Primary Industry

Telecoms

About

Navarino UK Ltd, headquartered in London, UK, specializes in advanced maritime connectivity solutions, enhancing operational efficiency for vessels through innovative technologies like Cosmo and Navarino Elements. Navarino UK Ltd was founded in 1996 in London, UK, focusing on maritime technology solutions. The company has successfully adapted its operations to meet the evolving demands of the maritime industry. Currently, there are no known subsidiaries or parent companies associated with Navarino.


Navarino's core product offerings center around advanced maritime technology and connectivity solutions designed to enhance the operational efficiency of vessels worldwide. The flagship product, Cosmo, is an online platform that facilitates management of connectivity and security for maritime operations. Additionally, Navarino Elements provides navigation systems and electronics specifically targeting the Bridge & Navigation sector, addressing critical use cases like bandwidth network management, cybersecurity, and IT-as-a-Service tailored for maritime fleets. Their services cater to a diverse client base, including shipping companies and maritime operators across Europe, North America, and Asia.


Navarino operates on a structured transaction model including subscription-based services and partnerships with maritime clients. Revenue is primarily generated from the sale of its connectivity solutions and navigation systems, offered as part of service packages. Clients subscribe to ongoing support and upgrades for products like Infinity, enhancing vessel communication. The pricing accommodates a range of customer needs, allowing flexibility in service delivery.


The company serves over 650 customers and more than 13,000 vessels globally. In January 2025, ICG agreed to acquire a minority stake in Navarino UK Ltd from Viasat, Inc. , with financial terms undisclosed. This acquisition is expected to accelerate growth and strengthen Navarino's market presence.


The company is focused on developing new products and expanding into additional geographic markets, although specific launch dates and target regions are not detailed. Recent funding will support these initiatives, enabling the company to enhance its product offerings and grow its client base.


Primary Industry

Telecoms

Sub Industries

Telecoms Equipment, Telecoms Providers & Services

Website

www.navarino.co.uk

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Navarino UK Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutAnnouncedNavarino UK Ltd-

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