Arlington Capital Partners of Washington, DC announced on November 18 that Quantum Spatial has executed a definitive agreement to be acquired by NV5 Global, Inc. for $303 million. Quantum Spatial, one of the nation’s largest independent geospatial data firms, provides geographic insights to government and corporate organizations that need geospatial intelligence to mitigate risk, plan for growth, better manage resources and advance scientific understanding.
Peter Manos, a managing partner at
Arlington Capital said, “Through significant investments in technology and
people, Quantum Spatial has achieved significant organic growth during our
ownership and solidified its role as the largest independent geospatial data
firm in the United States. Quantum’s capabilities will complement NV5’s
existing business lines and will unlock new opportunities for the combined
business. We are excited to watch many of our key technology investments and
operational initiatives continue to pay dividends under NV5’s leadership.”
“Through a combination of Arlington
Capital’s growth investments and an extremely committed employee base, Quantum
has built a robust market position and state-of-the-art offerings that will
accrue to NV5’s benefit in the coming years,” said Peter LaMontagne, CEO of
Quantum Spatial. “We are proud of the business we have created, and we thank
Arlington Capital for their support in helping drive our strategic growth
initiatives and reach our current national scale. As we join with NV5, we are
excited for the new capabilities and opportunities that our partnership
unlocks.”
David Wodlinger, a partner at Arlington Capital said, “Quantum’s culture of innovation and its position as the preeminent provider of geospatial data make it a truly unique company in an area of growing strategic and commercial importance. Management worked tirelessly to successfully execute the strategy we developed together, and this tremendous outcome is a testament to their dedication and steadfast work.”
Source: Arlington Capital
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