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Announced

Completed

Align Capital-backed Schneider Geospatial completed the acquisition of Spatialest.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Software

Cross Border

Completed

Friendly

property assessment

Acquisition

Majority

Private

Private Equity

Single Bidder

Synopsis

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Align Capital-backed Schneider Geospatial, a GIS-based SaaS provider of land and asset management solutions for the GovTech industry, completed the acquisition of Spatialest, a provider of assessor-focused GIS-based SaaS solutions. Financial terms were not disclosed. "Bringing Spatialest into the Schneider Geospatial family is a significant step forward in our strategic roadmap. Together, we will continue to deliver innovative solutions that empower government agencies to leverage smart data and achieve greater efficiency. We remain committed to the high level of customer service our state and local government partners have come to expect from us," Jeff Corns, Schneider Geospatial CEO.

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