GTCR, a leading private equity firm, announced that it has entered into a partnership with maritime industry leader Manish Singh to form Maris Investments. Maris will seek to acquire companies in the maritime technology sector to establish a market-leading platform that addresses critical workflows and enables digital transformation within the industry.
The formation of Maris is supported by GTCR’s Leaders Strategy approach, involving partnering with exceptional management leaders in its core domains to identify, acquire, and build market-leading companies through transformational acquisitions and organic growth.
GTCR successfully applied the Leaders Strategy for several decades and maintains a culture of partnership with executives as they build strategically attractive businesses over time. Singh will serve as Chief Executive Officer of Maris and will invest in the platform alongside GTCR.
Singh has over 30 years of experience in the maritime sector. And most recently, he served as Chief Executive Officer of Ocean Technologies Group (OTG), a human capital management and operational maritime software platform.
He also joined OTG as CEO in 2019 and led its transformation into a leading maritime software platform serving ship owners and managers globally. Before leading OTG, Singh spent 12 years in various leadership roles at V.Group, a global ship management and marine services group, where he played an instrumental role in the company’s global expansion. Before V.Group, Singh spent over a decade at sea as a ship officer and Master Mariner and later held several shore-based leadership positions for large ship managers.
KEY QUOTES:
“We are excited to partner with Manish, whose proven track record, deep domain expertise and industry relationships in the maritime space make him an ideal partner to lead this platform. Maritime technology is a compelling industry currently experiencing rapid and transformative digital innovation, and we look forward to leveraging GTCR’s long history of investing in vertical technology businesses to build a market-leading maritime technology company.”
Mark Anderson, Managing Director and Head of Technology, Media and Telecommunications at GTCR
“I am excited to partner with GTCR to build Maris into a leading technology provider for the maritime industry. Our vision is not just centered around digitizing workflows – we aim to redefine how maritime workforces and fleets adopt integrated technology and harness data to improve performance, safety and compliance. This partnership is about transforming how future fleets are operated and governed.”
Manish Singh
