The Combined Company Supports All the Critical Operations of Seafood Processors and Distributors Across Purchasing, Processing, Sales, Traceability, Logistics and Reporting

CAI Software, LLC, (“CAI” or “CAI Software”), a portfolio company of STG and a leader in integrated software and technology solutions for mission-critical, production-oriented enterprise resource planning (ERP), manufacturing execution systems (MES), eCommerce EDI (electronic data interchange), and warehouse management software (WMS) today announced that they have acquired Maritech, a leading cloud-based ERP provider for the seafood and logistics industries across European and North American markets.

“Combining CAI Software and Maritech brings key granular information for seafood manufacturers of all sizes to make more informed and timely business decisions in this ever-changing business environment,” said Brian Rigney, CEO of CAI Software. “As we bring the companies together, we will continue to collaborate with our customers to develop solutions purpose-built to serve the unique requirements of this industry. In our next chapter of growth, I look forward to working with the Maritech team and Broodstock, who will continue to be an investor in the combined company.”

“This is a great milestone for us, and a natural next step towards global growth for Maritech,” says Maritech CEO Odd Arne Kristengård. “Together with CAI, we will continue to have a laser focus on our Norwegian home market and customers while increasing the international traction that we have built over the last several years.”

William Chisholm, Managing Partner of STG, said, “We see a strong opportunity to combine the experience and capabilities of CAI and Maritech to build a leading, global ERP software for the seafood industry. We look forward to collaborating with our combined team to drive success for our employees, customers, and partners.”