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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.

Uber Boat by Thames Clippers, London’s fourth mode of transportation, is integrated into the Transport for London (“TfL”) network with a shared ticketing system and a diverse ridership base. It operates a fleet of 21 purpose-built vessels, supported by pier network and dry-dock facilities and has a 20-year track record of organic growth through route and fleet expansion.

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.

“We look forward to partnering with Uber Boat by Thames Clippers to advance on robust and environmentally sustainable growth plans through fleet renewal and route expansion, furthering its leading market position within London’s public transit system.” said Roderick Gadsby, Managing Director at Northleaf.

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 said, “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.”