Buzzacott advises Emapsite on its sale to Idox plc
31 Jul 2023 • Corporate Finance • M&A Advisory • Technology and Media
Buzzacott advises Emapsite.com on its sale to Idox plc
Overview of deal
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.
Who are the firms involved
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.
What we liked about this deal
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.
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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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