IQGeo Group Plc has completed a fundraising
IQGeo Group Plc has completed a heavily oversubscribed fundraising, raising US$7.1 million to fund its acquisition of US geospatial software business OSP Insight International (OSPI). OSPI will accelerate IQGeo’s scale up, speed to profitability and cash generation.
IQGeo Group provides geospatial collaboration and productivity software to the telecommunications and utilities industries. With over 50,000 active software users, IQGeo has an established and rapidly growing customer base worldwide.
Oaklins Cavendish’s sister firm finnCap, based in the UK, acted as financial advisor and sole broker in this transaction.
Talk to the deal team
Related deals
EQUA Simulation has been acquired by Glodon Company Limited
The private shareholders of EQUA Simulation AB have sold the company to Glodon Company Limited through its Finnish subsidiary MagiCAD.
Learn moreNavita has been sold to Enghouse Systems
Oria Capital has sold its portfolio company Navita to Enghouse Systems Limited.
Learn moreTotal Design has been acquired by M80 Partners
Total Design, a Netherlands-based creative and technology agency specialized in digital design, branding and communication, has been acquired by M80 Partners, a Belgium-based private equity firm. M80 is building a portfolio of best-in-class specialists in the field of digital transformation and in this platform, Total Design is given an integral role from its digital branding, communication and technology disciplines.
Learn more