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 over the past four years and is on track to become a leading international player in a competitive market.

Eivind Norebø, CEO of Sharecat

Data quality is crucial for organizations that have to plan complex operational activities and ensure proper maintenance is carried out in a timely fashion. Acquiring Sharecat enables STAR to combine its cost-efficient systems for integrated planning, procurement and logistics with Sharecat’s expertise, helping customers achieve higher quality at lower cost compared to traditional ERP-based systems that are not specialized for the maritime sector.

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.”

Bernt Lilliestråle, CEO of STAR

Eivind Norebø, newly appointed CEO of Sharecat, added:”We look forward to continuing our development as part of STAR and to building on our long-standing relationships with companies such as Equinor, BP, and BASF. 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)