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New Deal


Announced

Completed

PSG led the investment in AirWorks.

Financials

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

Tags

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Acquisition

Minority

Software

Private Equity

Domestic

Private

Completed

Friendly

Single Bidder

United States

software company

Synopsis

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PSG, a growth equity firm, led the investment in AirWorks, an AI-powered mapping solution providing geospatial data processing and analytics. Financial terms were not disclosed. “Our momentum reflects what we believe is a strong market opportunity for AirWorks and our mission to provide AI-driven data intelligence that helps to power the built world. By partnering with PSG, I have no doubt that we will continue building a company with a product that helps to fundamentally change how customers analyze geospatial data and leverage AI to drive critical workstreams to completion. We’re excited to have PSG’s support as we continue to execute on our strategic growth plans," David Morczinek, AirWorks CEO and Co-Founder.

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