Bleecker Street Group (BSG), a global software holding company, has announced the acquisition of Ripple, a leading integrated maritime software company. The deal is expected to boost BSG’s presence in the maritime sector and the broader supply chain software industry.
Ripple is a provider of mission-critical solutions for the maritime industry, serving blue-chip tugboat, towboat and barge operators in the United States and the largest ferry systems across the world. Ripple’s software products help maritime operators overcome unique operating challenges and improve safety and efficiency.
As a wholly-owned subsidiary of BSG, Ripple will continue to operate independently and leverage BSG’s permanent partnership on go-to-market strategy, product-led growth, and innovation. Ripple will also benefit from BSG’s long-term vision and commitment to the maritime sector.
Chad Mitchell, CEO of BSG, said that he was thrilled to welcome Ripple’s exceptional team, advanced software products and blue-chip customer base to BSG. He said that the acquisition would significantly strengthen BSG’s position in the global maritime sector and position it for further growth and success.
Dean Shoultz, Founder of Ripple, said that he was excited about the opportunities that lie ahead as they join forces with BSG. He said that with BSG’s permanent partnership, they have the potential to revolutionize the maritime software industry, offering cutting-edge solutions that empower maritime operators to thrive in the digital era.