Global private markets investment firm Northleaf Capital Partners (“Northleaf”) has acquired a majority interest in Uber Boat by Thames Clippers, London’s leading river boat service, from AEG, the world’s leading sport and live entertainment company.
Northleaf’s acquisition brings new investment to support Uber Boat by Thames Clippers’ ambitious plans to deliver sustainable growth, enhanced infrastructure and greater economic development on and around the River Thames.
The news follows the recent announcement that Uber Boat by Thames Clippers is building the UK’s first hybrid high speed passenger ferries, set to launch in autumn 2022. Leading the way in passenger boat design, the new vessels make strides in improving the sustainability features of the business, as well as propelling innovation in the wider marine sector.
The hybrid design will allow the new vessels to operate solely on battery power while transporting commuters and sightseers along its route on the River Thames. The vessels will recharge outside of central London using biofuelled power.
Sean Collins, Co-Founder and CEO Uber Boat by Thames Clippers added, “For over 20 years Uber Boat by Thames Clippers has been at the forefront of innovation in river transport; our new partnership with Northleaf ensures this continues for the long-term. I am looking forward to working with Northleaf to achieve our vision for the future.”