Thames Valley law firm Boyes Turner has advised the shareholders of Emapsite.com Limited, a leading UK based geographic information systems (GIS/Geospatial) data provider, on the disposal of the company to Idox Plc.
Idox acquired the entire issued share capital of Emapsite in a deal worth up to £15.75m.
Based in Farnborough and employing 33 people, Emapsite is a successful provider of Geospatial data to the UK market for customers associated with land and property across a wide range of vertical industries including energy, infrastructure, environmental, telecommunications, and construction sectors.
The acquisition is in line with Idox's stated intention to target complementary and accretive deals and forms a key step in the delivery of its data strategy, as well as offering strong cross-sale opportunities in the combined Group for both data and software services.
Corporate Partner, Chris Dobson, led the Boyes Turner team on the transaction supported by corporate solicitors Pearse Connery and Aimee Gaston, commercial specialist, Jess Lee, and other lawyers from across the firm’s employment, commercial and property groups.
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