Star Information Systems (STAR) has acquired Sharecat, a recognized provider of solutions for managing and improving technical data quality for complex industrial operations.
 

STAR delivers advanced systems for maintenance, operations planning, procurement, logistics, and master data management, mainly for the maritime sector. The company has grown significantly over the past four years and is on track to become a leading international player in a competitive market.
 

Information quality is crucial for organizations that operate complex assets and perform advanced operations and maintenance. Acquiring Sharecat enables STAR to combine its cost-efficient systems for maintenance, procurement and logistics with Sharecat’s expertise and solutions, helping customers achieve higher data quality and information control at lower cost.
 

STAR CEO Bernt Lilliestråle commented:"Sharecat is an ideal complement to STAR’s software and services, not only for maritime and energy customers, but also for the broader industrial market. By joining forces, we strengthen our ability to deliver where data quality is critical to ensuring the right maintenance is performed at the right time."

Sharecat executives Eivind Norebø and Tom Haylock added: "We look forward to continuing our development as part of STAR and to building on our long-standing relationships with leading industry players. Serving some of the most demanding global players in one of their key operational areas is an exciting opportunity as we join STAR on its growth journey.”
 

Star Information Systems AS is majority-owned by the active ownership fund Longship.

source: Star Information Systems (STAR)

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