Zunibal, a company backed by Nazca Capital, announced today the acquisition of Echoview. The Australian company, based in Hobart, Tasmania, is a global leader in software development for the processing, analysis, and visualization of hydroacoustic data. This transaction strengthens Zunibal’s technological and innovation capabilities while significantly expanding its solutions portfolio and opening new opportunities in the global marine technology market.
Echoview’s technology and its team of scientists and engineers, with 30 years of experience in hydroacoustic data analysis and interpretation, will allow Zunibal to make a qualitative leap in developing technological solutions focused on sustainable fishing. This includes improving species differentiation, precise biomass estimation, size assessment, and enhancing oceanographic models with higher-accuracy data, among other capabilities. Additionally, the acquisition will enable Zunibal to diversify its technology portfolio, boosting strategic areas such as sustainable fishery management, aquaculture, oceanography, and the blue economy.
With over three decades of leadership, Echoview’s software is recognized worldwide as a benchmark for scientific institutes, public agencies, and leading companies in more than 70 countries. Its technology has been cited in over 2,500 specialized academic publications, reflecting its scientific leadership and global relevance. Echoview also provides specialized hydroacoustic training, consulting, and client support services.
Ibone Rodríguez de Pablo, CEO and shareholder of Zunibal, stated:
"This acquisition represents a key step toward our global strategic vision. We are bringing into the group a company with undisputed prestige in its technological niche, which will allow us to accelerate our innovation capacity and deliver tangible value to our clients worldwide."
Daniel Pascual, partner at Nazca Capital, commented: "The integration of Echoview strengthens Zunibal’s technological and innovation profile while opening new opportunities in strategic areas for the group. This is the third acquisition in the past two years, aimed at improving service and technology for clients. Our plan is to continue accelerating Zunibal’s international expansion through acquisitions."
Brett Merritt, CEO of Echoview, added: "Joining Zunibal marks an exciting new chapter for Echoview. For 30 years, our team has been committed to advancing hydroacoustic science and software. Partnering with a company with world-class reputation in innovation and responsible marine technologies will benefit our clients, expand our global reach, and allow us to continue providing reliable worldwide solutions for sustainable marine ecosystem management."
Echoview’s current team will remain at the helm of the business, now supported by Zunibal to enhance development and international growth. Operational integration of Echoview within Zunibal will begin immediately, strengthening the group’s scientific, technical, and commercial capabilities, consolidating its position as a key player in the global marine technology market, and offering integrated and sustainable solutions that promote responsible and efficient use of ocean resources.
Joint opportunities include advanced real-time monitoring of aquaculture facilities, marine life monitoring for renewable energy installations, and precise, continuous tracking of climate change impacts on marine species.
This acquisition reflects Zunibal’s strategic commitment to accelerating technological development, strengthening international presence, and entering new business areas.
About Zunibal
Founded in 1995 in Bizkaia, Zunibal is a reference in innovation and the development of advanced technological solutions for sustainable fishing and marine monitoring. Specialized in smart devices for fishing fleets, the company strongly invests in R&D and offers high-quality, technically precise, and efficient solutions. Committed to sustainability and ocean conservation, Zunibal actively contributes to responsible management of marine resources. www.zunibal.com
About Echoview
Founded in 1995 in Tasmania, Australia, Echoview is a leader in hydroacoustic science and software. Its flagship product, Echoview®, is internationally recognized as the trusted, flexible, and versatile software for processing data from a wide range of echosounders and sonars in hydroacoustic studies conducted by scientists, government agencies, and industry in marine, freshwater, and estuarine environments. Echoview also provides specialized training, consulting, and other client services.
About Nazca
Nazca is a private equity fund management company specializing in investments in unlisted Spanish family-owned businesses, with 25 years of experience and over 100 executed transactions. It currently has 20 companies in its portfolio. www.nazca.es
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