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€1bn investment firm backs Manchester yacht-tech firm's Oceanskies acquisition

Prolific North

Image accompanying: €1bn investment firm backs Manchester yacht-tech firm's Oceanskies acquisition

Summary

Voly, a Manchester-based provider of software, payments and payroll services to the yachting industry, has secured financing from AshGrove (€1 billion) to acquire Oceanskies, a major maritime employment and yacht registration services provider. The transaction supplements organic growth and continues Voly's acquisition strategy under ownership by Magenta Partners since 2021.

Voly's product suite includes accounting, payments, foreign exchange, reporting, project management and crew-management tools. Previous acquisitions under Magenta's backing include maritime payroll provider Voyonic (now Voly Crew), crew-management software provider Workrest and project-management platform Pinpoint Works. AshGrove specialises in financing solutions for B2B software and services businesses.

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Common questions

What is this article about?
AshGrove, a London and Copenhagen-based investment firm, is financing Voly's acquisition of Oceanskies, a maritime employment and yacht registration services provider. The deal supports Voly's continued expansion in specialist software and services for the yachting industry.
When was this published?
This article was published on 25 August 2026.
Who published this article?
This article was published by Prolific North.