M&A Deal Summary

Scope Carbon Acquires Farm Flight

On April 27, 2023, Scope Carbon acquired information technology company Farm Flight for 15M USD

Acquisition Highlights
  • This is Scope Carbon’s 1st transaction in the Information Technology sector.
  • This is Scope Carbon’s largest (disclosed) transaction.
  • This is Scope Carbon’s 1st transaction in the United States.
  • This is Scope Carbon’s 1st transaction in Arizona.

M&A Deal Summary
Date 2023-04-27
Target Farm Flight
Sector Information Technology
Buyer(s) Scope Carbon
Deal Type Add-on Acquisition
Deal Value 15M USD

Target

Farm Flight

Tempe, Arizona, United States
Farm Flight is an image-based crop intelligence platform. Farm Flight's integrative platform combines data collection services, UAS technology, and various machine learning products into a single solution for customers throughout the supply chain. Farm Flight was founded in 2019 and is based in Tempe, Arizona.

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Buyer(S) 1

Buyer

Scope Carbon

Vancouver, British Columbia, Canada
Category Company
Sector Information Technology
Revenue 2M CAD (2023)
DESCRIPTION

Scope Carbon is a carbon mapping technology provider utilizing image recognition technology. Scope Carbon was founded in 2018 and is based in Vancouver, British Columbia.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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