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Synmax Announces Acquisition Of Gas Vista, Solidifying Its Position In Energy And Maritime Intelligence

Sep 14, 2023almost 2 years ago

Acquiring Company

SynMax

Acquired Company

Gas Vista

HoustonDefense and Space ManufacturingOil And GasEnergySoftwareAnalytics

Description

SynMax, a pioneering geospatial intelligence company, announced the successful acquisition of Gas Vista, a premier maritime energy trade flow analytics & visualization company renowned for its innovative LNG product, Leviaton. This strategic acquisition stems from Gas Vista's advanced technological capabilities, deep industry knowledge, and impressive network. Their core competencies perfectly align with SynMax’s foundational energy and maritime products.

Company Information

Company

SynMax

Location

Houston, Texas, United States

About

SynMax is a geospatial intelligence SaaS company that has adopted a cutting-edge approach to providing unrivaled intelligence product suites for the energy and maritime industries. SynMax’s AI, informed by industry experts and data scientists, fuses earth observation imagery and key data sources to provide comprehensive ground truths, not predictions.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed