mapping

Vista Equity Partners to Acquire EagleView

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EagleView Technology Corporation, a provider of aerial imagery and data, has entered into an agreement to be acquired by Vista Equity Partners.

EagleView Technology – through its two wholly owned subsidiaries, EagleView Technologies and Pictometry International – is a provider of aerial imagery, data analytics and geographic information systems. A geographic information system (GIS) is a system designed to capture, store, manipulate, analyze, manage, and present all types of spatial or geographical data.

EagleView provides its data and services to the insurance, construction, solar, government and public utility sectors which use the information for property claims, risk management, construction, emergency response, assessment, and corridor mapping. EagleView is headquartered northeast of Seattle in Bothell, WA (www.eagleview.com) (www.pictometry.com).

According to Vista, under the firm’s ownership EagleView will enter a new phase of growth that will leverage EagleView’s proprietary dataset – the company has a vast image library and patented 3-D measurement software – to create new products and address underpenetrated market verticals.  “We see tremendous value and opportunity in EagleView’s ability to capture high-resolution imagery, and extract Big Data and deliver it to a wide range of industries and customers using very progressive technologies,” said Robert Smith, Chairman and CEO of Vista Equity Partners. “The EagleView growth story is impressive, and we look forward to working with the executive team to take the organization to the next level.”

Vista Equity Partners has more than $14 billion in committed capital and makes equity investments in enterprise software businesses and technology-enabled services companies. The firm was founded in 2000 and has over 50 investment professionals operating out of San Francisco, Chicago and Austin (www.vistaequitypartners.com).

“We are very pleased to be partnering with Vista,” said Chris Barrow, President and CEO of EagleView. “Vista’s investment and professional support provides us with a significant opportunity to continue delivering exceptional products to our more than 40,000 customers as we accelerate growth into new, emerging markets.”

William Blair & Company was the exclusive financial advisor to EagleView.

© 2015 PEPD • Private Equity’s Leading News Magazine • 6-17-15

Hammond, Kennedy, Whitney & Company Exits AeroMetric

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Hammond, Kennedy, Whitney & Company (HKW) has closed on the sale of AeroMetric, a provider of geospatial services to corporate and governmental clients, to Arlington Capital Partners. AeroMetric was acquired by HKW in 2007.

“AeroMetric has been a leader in the geospatial services industry during our involvement,” said Jeff Wood, HKW CEO and Chairman of AeroMetric. “HKW is very pleased to have partnered with such a first class company. The team at AeroMetric has done a great job establishing a strong culture of quality, on time delivery, and technology based solutions in a dynamic marketplace. We believe that Arlington and AeroMetric will have a bright future together.”

AeroMetric is a full-service geospatial services including photogrammetric, LIDAR (Light Detection and Ranging), satellite and airborne imaging to the corporate and government sectors. The company was founded in 1969 and is based in Sheboygan, WI (www.aerometric.com).

Hammond, Kennedy, Whitney & Company invests in companies with revenues between $20 million and $200 million and EBITDAs between $2 million and $20 million. Over the past 29 years, HKW has completed 40 platform management buyouts of small middle-market companies throughout North America as well as 42 add-on acquisitions. The firm is headquartered in Indianapolis, IN with an additional office in New York, NY (www.hkwinc.com).

Arlington Capital Partners is a middle market private equity firm focused on buyouts and recapitalizations of companies valued from $50 million to $500 million. Sectors of interest include government contracting; federal and commercial IT and engineering services; aerospace & defense; healthcare services; education & training; and business services & outsourcing. The firm is based in Washington, DC (www.arlingtoncap.com).

AeroMetric was represented by TM Capital, an investment bank based in New York, Boston and Atlanta (www.tmcapital.com).

© 2012 PEPD • Private Equity’s Leading News Magazine • 9-5-12