RightShip has announced the acquisition of Thynk Software’s maritime tech business.
Thynk Software is a hybrid between product development and software consultancy, while RightShip is a third-party maritime due diligence organisation that delivers expertise in safety, sustainability and social responsibility.
Thynk’s founder and CEO, Marlon Grech and around 30 of his colleagues will join RightShip when the acquisition completes, which is expected to be 1 September 2022. Grech will also become RightShip’s first chief technology officer.
RightShip CEO, Steen Lund said: “I am delighted we can announce the acquisition of Thynk Software’s maritime tech business, and that Marlon and his team will join RightShip. This is a critical strategic development for RightShip as we gain our own in-house technology competence that will underpin our long-term growth objective of being an industry leading ESG focused digital maritime platform.
“Over the past 20 years RightShip has grown purely organically. This acquisition provides RightShip with an exciting opportunity to solidify our very foundation as a digital product builder. Having the ‘ready-made’ technology expertise that Thynk bring, allows RightShip to secure increased value for our customers allowing us to grow faster than if we built this capability internally, from the ground up.”
Marlon Grech, founder and CEO at Thynk stated: “This is a great opportunity for us at Thynk to solidify and develop our long-term relationship with RightShip. We have worked together for several years now and know each other well, and so for me and my Malta based team, this is a natural progression.
We are all looking forward to the opportunities that will come our way as being part of the RightShip team.”
