Leading Edge Geomatics
November 6, 2017 · 2 mins
Novacap Acquires Leading Edge Geomatics
Fredericton, New Brunswick – In a deal announced on November 6, 2017, Leading Edge Geomatics, a New Brunswick-based provider of aerial survey and geomatics services across North America was acquired by Novacap, a leading private equity firm with $2.26 billion of assets under management. Confederation M&A, an Atlantic Canada-based advisory firm led the transaction between the two parties.
“We see tremendous growth opportunities in the market for Leading Edge and know we have picked a strong partner with deep operational expertise to help us deliver on this potential,” said Bruce Hogan, Chief Executive Officer and Co-Founder of Leading Edge. “We couldn’t be more excited about the future for the business and what this means for New Brunswick and our key stakeholders.”
“This deal was the result of a competitive bidding process that had substantial levels of interest. After going through the due diligence process it became very clear that Novacap would be a good fit and ultimately, the preferred strategic partner. Their disciplined and proactive investment approach make for a great partnership and will help Leading Edge launch into its next phase of growth. We congratulate both parties on a successful transaction,” says Bob Brown, Senior Advisor with Confederation M&A in New Brunswick.
Confederation M&A is a team of highly experienced mergers & acquisitions advisors with offices in Prince Edward Island, New Brunswick, Nova Scotia and Ontario. They’re the leading M&A firm in the region serving a diverse range of clients across a wide range of industries. They work confidentially and in unison with accounting, valuation, and tax specialists to find the best possible solutions to help entrepreneurs achieve their buying and selling needs. Visit www.confederationgroup.ca to learn more.
MORE INFORMATION:
Bob Brown
Partner, Confederation M&A
Telephone: (506) 476-8221
Email: bob.brown@confederationgroup.ca