Videotel Acquired by Oakley Capital for $90 Million

Press Release

Maritime training and eLearning specialist Videotel, is pleased to announce that it has been bought by an affiliate of Oakley Capital for a base purchase price of $90 million from KVH Industries, on a cash-free, debt-free basis, subject to working capital adjustments.

Oakley Capital has considerable investment experience in global education businesses, both on and offline, as well as in-depth knowledge of the maritime sector, having previously invested in Headland Media, a provider of media and entertainment services to the offshore and shipping sectors, while one of its current investments includes North Sails, the largest sail maker in the world.

Raal Harris, MD for Videotel, said, “I am delighted by this announcement as Oakley has a great track record for investing in and working with its businesses and their management teams to help them grow and succeed. With Seagull Maritime also part of the group, we will be able to collaborate as never before and offer both our customers increasingly innovative solutions .”

“As the maritime industry increasingly embraces digitalisation, the opportunities to offer more engaging and innovative training solutions using emerging technology such as VR and AI, with the backing of Oakley’s investment, is really exciting,” he continued.

Both companies will continue to operate independently with Raal Harris and Roger Ringstad continuing to run the two businesses – Videotel and Seagull, as separate units.

Discover Ocean Learning

Transform your business today with the power of e-learning.

Explore our solutions

Competency Management System

Rapid E-Learning

Performance Appraisal

Pulse Survey

OLP App

The ultimate in maritime e-learning. Accessible, repeatable, measurable – a learning solution for the 21st century vessel, available wherever you are in the world.

Virtual Classroom

Cloud Simulation

Training formats explained

Pricing

Unparalleled breadth and quality of content. We offer the most comprehensive library of maritime blended learning content ever assembled.

Explore Ocean Learning Library

Certified Maritime Training Courses

Powered by the most recognised providers of e-learning in the maritime world.

Get peace of mind selecting teams you can entrust with the care of your people, the environment, cargo and vessels.

Assessment Solutions

Crew Evaluation System (CES)

Marlins English Language Testing

Facet5 Personality Testing

Ability Profiling APRO

Remote Proctoring AI

Our crew management solutions provide comprehensive coverage of the entire maritime HR function of today’s commercial vessel operator.

Crew Management Solutions

COMPAS

Our fleet management solutions empower operational teams with insights and workflows that drive improved vessel performance.

Fleet Management Solutions

TM Master

Resources

News

Insights

Events

About us

Who we are

Our Solutions

Why choose us?

Board of Directors

Executive Team