M&A Deal Summary

IQGeo Group Acquires Comsof

On August 12, 2022, IQGeo Group acquired software company Comsof for 13M EUR

Acquisition Highlights
  • This is IQGeo Group’s 2nd transaction in the Software sector.
  • This is IQGeo Group’s largest (disclosed) transaction.
  • This is IQGeo Group’s 1st transaction in Belgium.

M&A Deal Summary
Date 2022-08-12
Target Comsof
Sector Software
Buyer(s) IQGeo Group
Deal Type Add-on Acquisition
Deal Value 13M EUR

Target

Comsof

Gent, Belgium
Comsof is a fiber optic network automated planning and design software. With more than 20 years of experience in GIS-based network optimization, the company has deployed its solutions in over 50 countries. Comsof's flagship is Comsof Fiber, which has been used to design fiber networks covering more than 70 million homes. Its latest addition is Comsof Heat, planning and design software for district heating networks. Comsof was formed in 1998 and is based in Gent, Belgium.

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Buyer(S) 1

Buyer

IQGeo Group

Cambridge, United Kingdom
Category Company
Founded 2002
Sector Information Technology
Employees217
Revenue 44M GBP (2023)
DESCRIPTION

IQGeo Group is an enterprise location intelligence solution provider. It work with manufacturing, communications and utilities companies, enabling them to improve operational effectiveness, increase efficiency and boost profitability. IQGeo Group was founded in 2002 and is based in Cambridge, United Kingdom.

DEAL STATS #
Overall 3 of 3
Sector (Software) 2 of 2
Type (Add-on Acquisition) 3 of 3
Country (Belgium) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 OSPInsight International

South Jordan, Utah, United States

OSPInsight has created a platform to plan, design, build, and operate a better fiber-optic network. Built by OSP engineers, OSPInsight, at its core, is built for streamlined fiber documentation. OSPInsight's database driven solution can increase your team's efficiency and save money for managing splicing in spreadsheets, struggling to piece together reports, or if it takes hours to track down a fault. OSPInsight is based in South Jordan, Utah.

Buy $9M
Mergr

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