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Seller: Emapsite.com
Buyer: Idox plc
Type of deal: Sale
Sector: Geospatial
Date: August 2023
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Buzzacott advised the shareholders of Emapsite.com ("Emapsite"), a leading UK based geographic information systems (GIS/Geospatial) data provider on its sale to ldox plc, a leading supplier of specialist information management software and solutions to the public and asset-intensive sectors.
Based in Farnborough and employing 33 people, Emapsite is a successful provider of Geospatial data to the UK market for customers associated with land and property across a wide range of vertical industries including energy, infrastructure, environmental, telecommunications, and construction sectors.
The acquisition will bolster Idox’s current GIS, mapping and data capabilities and complements their recent acquisition of Aligned Assets, thinkWhere, Exegesis and LandHawk.
Finding the right buyer was paramount to the shareholders, who founded the business over 23 years ago. There was significant interest in the business so really understanding how Emapsite would fit was a critical factor in selecting the right buyer. Idox had recently bought other geospatial assets so it was clear that there was great alignment there.
To see further transactions in the tech and media sector, please see our transactions page.
Buzzacott did a fantastic job in maximising the value realised for shareholders through the sale of Emapsite. The shareholders are delighted that this has been achieved by finding a great buyer to take the business forward. Their advice throughout the sales process has been brilliant and succinct and we are delighted with the outcome. Thank you to all, in particular Matt Katz, Alex Holbech and Poppy McMullan
Dave Warwick on behalf of the Shareholders
‘Buzzacott, led by Matt Katz and Poppy McMullan, have driven the successful sale of Emapsite. They have been strategic in creating added value and brilliant in execution, helping my team demonstrate the value in the business, finding the right buyer, navigating the sales process, and handling stakeholder alignment. We are delighted with the outcome and wouldn’t hesitate to recommend them.’
Rich Pawlyn, Head of Emapsite
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