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New Deal


Announced

Completed

Hg Capital completed an $10m investment in Geomatikk Group.

Financials

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Transaction Value£7m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

Norway

Private Equity

Acquisition

Single Bidder

Cross Border

computer processing

it solutions

IT Services: Other

Majority

Completed

Synopsis

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Hg Capital, a software investor, completed an $10m investment in Geomatikk Group, a tech-enabled services provider, managing critical ‘check-before-you-dig’ safety assessments to network owners, contractors and consulting engineers. "We are hugely impressed in what Knut and the Geomatikk team have built in the Nordics. Geomatikk provides a high value service protecting critical infrastructure in the region. By building a high-quality and increasingly tech-enabled product, Geomatikk is a leading European champion in this geographic information sector. We look forward to working with Knut and the entire Geomatikk team as we use our experience of scaling technology enabled businesses to support further growth," David Issott, Hg Partner.

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