Willkie advises FTV Capital on a recommended cash acquisition of Windward Ltd. to be effected by way of a merger under the Israeli Companies Law, announced on the London Stock Exchange on December 24, 2024. The acquisition values the entire issued and to be issued ordinary share capital of Windward at approximately £216 million on a fully diluted basis. Windward is a leading maritime AI company, in a market valued at more than $10 billion. It is the only end-to-end data-driven AI solution and a first mover in maritime generative AI, with 15 maritime-specific models developed in-house. Windward tracks 2.2 million vessel activities daily and provides actionable insights to a range of customers. The Willkie team was led by partners Gavin Gordon and Dvir Oren, and included associates Meghal Mehta, David Avraham and Julia Radaszkiewicz.