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  6. Seequent Acquires Geosoft

M&A Deal Summary

Seequent Acquires Geosoft

On November 12, 2018, Seequent acquired software company Geosoft

Acquisition Highlights
  • This is Seequent’s 2nd transaction in the Software sector.
  • This is Seequent’s 2nd transaction in Canada.
  • This is Seequent’s 1st transaction in Ontario.

M&A Deal Summary
Date 2018-11-12
Target Geosoft
Sector Software
Buyer(s) Seequent
Deal Type Add-on Acquisition
Advisor(s) DCF Capital Partners (Financial)
Gowling WLG (Legal)

Target

Geosoft

Toronto, Ontario, Canada
Geosoft, Inc. develops software solutions that advance exploration of the Earth's subsurface. In 1982, Canadian earth scientists Colin Reeves and Ian MacLeod saw the potential for personal computers to transform the work of geophysics and exploration. Today the company remains focused on exploration and the earth sciences - delivering services and technology solutions, across desktop, server and Internet platforms.

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Buyer(S) 1

Buyer

Seequent

Canterbury, New Zealand
Category Company
Founded 2003
Sector Information Technology
DESCRIPTION

Seequent is a provider in the visualization and interpretation of geological data for applications in the mining, minerals, energy, civil and environmental industries. Seequent provides software and consultancy solutions and has received wide acclaim for its flagship product, Leapfrog. Seequent was founded in 2003 and is based in Canterbury, New Zeland.

DEAL STATS #
Overall 4 of 6
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 6
State: Ontario M&A 1 of 2
Country: Canada M&A 2 of 3
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-14 3point Science

Calgary, Alberta, Canada

3point Science, Inc. is a provider of cloud solutions and highly engaging 3D data visualisation.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-03 Imago

Phoenix, Arizona, United States

Imago is a cloud-based platform that enables the capture, cataloguing, and review of drilling core and chip images from any source, to support every aspect of the geological process from exploration to grade control. Imago was founded in 2016 and is based in Phoenix, Arizona.

Buy -
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