Leading Edge Geomatics

November 6, 2017 · 1 mins

Fredericton, New Brunswick – In a deal announced 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.