ICG plc has announced an agreement to support the founders of Navarino, a leading maritime technology company, as the company enters its next growth phase. As part of the transaction, Navarino's founders, Dimitris and Panos Tsikopoulos, will reinvest in the business and retain control, while ICG will provide a bespoke financing solution to support their long-term strategic objectives. Existing investor Viasat will divest its minority stake and will no longer hold an equity interest in Navarino following the close of the transaction, which is expected by the end of March 2026 pending regulatory approvals. The financial terms of the deal were not disclosed.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ICG plc published the original content used to generate this news brief on January 05, 2026, and is solely responsible for the information contained therein.
Comments