Under the terms of the agreement, MariApps acquires 60% of the company’s shares while existing shareholders Chris Daly and Jimmy Lopez retain the remaining shares and continue to lead the company.
Expanding its US market
MariApps and OnboarD have obtained a new office space in Miami together with other Schulte Group entities, including cruise software specialist Rescompany Systems. All MariApps’ companies will collaborate on providing maritime solutions and shipboard products as the company aims to broaden its US market.
‘MariApps is delighted to add OnboarD to our portfolio of companies as we find a good synergy between Resco and OnboarD, both focusing on the cruise market,’ explained MariApps Marine Solutions CEO Sankar Ragavan. ‘This also opens the door for MariApps and Resco to expand their marketing and business development capabilities in the US, which is one of the largest markets for ship management and cruise operations.'
Ragavan’s comments were followed by Jimmy Lopez, managing partner, OnboarD, who said, ‘The agreement is an exciting milestone for OnboarD as we begin the next phase of our evolution.
‘With MariApps’ support we are confident that OnboarD can expand its market reach and be better positioned to deliver value to our customers.'