Advised CycloMedia, a leading international provider of geospatial data and software solutions, on its sale to Volpi Capital
Aug 2018
(a portfolio company of Avedon Capital Partners)
acquired by
  • Sector: Data & Information
  • Deal Type: Private Equity Deals
  • Engagement type: Sellside
  • Size: <$200m
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Arma Partners is pleased to announce that it has acted as exclusive financial advisor to CycloMedia Technology, a portfolio company of Avedon Capital Partners, on its sale to Volpi Capital.

Headquartered in the Netherlands, CycloMedia is a leading international provider of geospatial data and software solutions to the public and private sectors. Using proprietary technology, the company’s high-accuracy street-level imagery and geo-data allow users to analyse, assess and measure physical infrastructure, including buildings, roads and other assets, remotely. CycloMedia is unique in its ability to deliver actionable insights, rapidly and at scale. Several emerging themes, including the development of smart cities and autonomous vehicles, are driving the need for precise, up-to-date geospatial information and enabling software-CycloMedia delivers such capabilities to clients throughout Europe and North America.

The sale of CycloMedia represents an important transaction in the Geographic Information Systems (GIS) and Benelux markets. The transaction reinforces Arma Partners’ deep expertise in B2B data, software and analytics, and our ability to deliver successful, high-value outcomes on cross-border transactions.

-CycloMedia is a leading international provider of geospatial data and software solutions to the public and private sectors in the US, Dutch and German markets.

-Using proprietary technology, the company’s high-accuracy street-level imagery and geo-data enables users to analyse, assess and measure physical infrastructure, including buildings, roads and other assets, remotely.

-CycloMedia is unique in its ability to deliver clients actionable insights rapidly, and at scale.

-CycloMedia was majority-owned by Avedon Capital Partners.

-Volpi Capital is a specialist European mid-market private equity firm which seeks to drive portfolio companies’ growth through international expansion and consolidation.

-Core to Volpi’s investment strategy is a desire to back companies that provide data and analytics platforms that empower mission-critical workflows.

-Volpi’s investment will allow CycloMedia to accelerate its penetration of the large US market, expand its data analytics and automated object recognition capabilities, and continue to develop its next-generation imagery capture and sensor systems.

-With the support of its new owner, CycloMedia will also be able extend further into new verticals, including the utilities, engineering & construction and communications sectors, all of which represent a significant underlying opportunity for the business.

-Arma supported CycloMedia throughout the exit process, and focused in particular on: developing carefully its strategic positioning; preparing a detailed financial forecast; building marketing materials; coordinating preparation of vendor due diligence reports; and leading outreach to buyers and investors.

-Arma delivered a highly successful exit for Avedon and other shareholders, managing an array of US and European buyers through due diligence, and effectively balancing deal certainty with a desire to maximise value.

-This transaction reinforces Arma Partners’ deep expertise in B2B data, software and analytics, and our ability to deliver successful, high-value outcomes on cross-border transactions.