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Woolpert Acquires Geospatial Partner Optimal Geo, Augments Lidar, Imagery Capabilities

Sep 10, 2021•almost 4 years ago

Acquiring Company

Woolpert

Acquired Company

Optimal GEO

DaytonBuilding MaterialConstructionOtherSoftware

Description

Woolpert has acquired Optimal GEO, an Alabama-based company that specializes in providing photogrammetric mapping, orthoimagery, lidar and GIS data to defense and federal intelligence communities. This acquisition strengthens the ability to support some of the firms' largest U.S.-based geospatial initiatives, while empowering greater knowledge sharing and propelling global innovation.

Company Information

Company

Woolpert

Location

Dayton, Ohio, United States

About

Woolpert is a global leader in architecture, engineering, and geospatial (AEG) services, with over a century of experience driving innovation and delivering impact. We fuse deep technical expertise with a forward-thinking mindset to solve complex challenges across the public, private, and government sectors. Woolpert is proud to be a certified Great Place to Work, a Top 25 Building Design+Construction firm, a Top 50 Engineering News-Record Design firm, and a Global Top 100 Geospatial company. Woolpert operates from more than 75 offices across five continents—building smarter, more resilient communities around the world.

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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