mynth
08/2023

EMAPSITE acquired by IDOX

UNITED KINGDOM Software / Industry-Specific Software / Construction / Real Estate EV 10M - 30M GBP

Context

Idox has finalized the acquisition of Emapsite to significantly bolster its geographic information systems (GIS) and geospatial data capabilities. This transaction represents a pivotal step in the group’s overarching data strategy, aiming to provide a more comprehensive suite of spatial intelligence tools to its existing client base in the public and asset-intensive sectors. The integration of the Farnborough-based specialist follows a series of previous acquisitions in the geospatial space, including Aligned Assets and thinkWhere, effectively creating a high-scale geospatial line of business that now accounts for a substantial portion of the group's total pro-forma revenue. The strategic rationale focuses on the high degree of complementarity between the two organizations' data service models. By combining specialized GIS data provision with industrial software solutions, the group creates robust cross-selling opportunities across the land, property, and public protection segments. Furthermore, the acquisition enhances the group's ability to serve high-growth verticals such as telecommunications and construction, where spatial data is essential for network planning and site development. This move consolidates the group's position as a primary technical partner for geospatial information management in the UK market.

EMAPSITE, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

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Target

Emapsite is a specialist provider of geographic information systems (GIS) and geospatial data solutions, serving as a critical intelligence partner for the UK land and property sectors. The organization’s business model centers on the curation and delivery of high-accuracy location-based data across diverse vertical industries, including energy, infrastructure, telecommunications, and construction. Its value proposition is built on providing a centralized platform for complex mapping and spatial analysis, enabling clients to mitigate risks and optimize asset management through technical data insights. Strategically, the firm focuses on the seamless integration of geospatial intelligence into industrial workflows, facilitating more informed decision-making for large-scale infrastructure projects. By maintaining a niche focus on spatial information management, the entity helps organizations navigate regulatory and environmental complexities within the built environment.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year
Rev
EBITDA
EBIT
2023
2022

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REFERENCES

Valuation range: EV 10M - 30M GBP

Revenue range: 5M - 25M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of EMAPSITE by IDOX are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Acquirer: idox