M&A Deal Summary

SoundThinking Acquires Geolitica

On September 27, 2023, SoundThinking acquired information services company Geolitica

Acquisition Highlights
  • This is SoundThinking’s 1st transaction in the Information Services sector.
  • This is SoundThinking’s 4th transaction in the United States.
  • This is SoundThinking’s 2nd transaction in California.

M&A Deal Summary

Date 2023-09-27
Target Geolitica
Sector Information Services
Buyer(s) SoundThinking
Deal Type Add-on Acquisition

Target

Geolitica

Santa Cruz, California, United States
Geolitica operates a cloud-based, software-as-a-service (SaaS) platform that delivers patrol guidance and measures officer performance in real time. Geolitica uses data from departmental records management systems (RMSs) as well as computer-aided dispatch systems (CADs) to prepare and deliver missions and patrol recommendations. Geolitica was formed in 2012 and is based in Santa Cruz, California.

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Buyer(S) 1

Buyer

SoundThinking

Fremont, California, United States

Category Company
Founded 1996
Sector Safety/Security
Employees316
Revenue 102M USD (2024)
DESCRIPTION

SoundThinking is a public safety technology company that combines transformative solutions and strategic advisory services for law enforcement and civic leadership. SoundThinking was founded in 1996 and is based in Fremont, California.


DEAL STATS #
Overall 4 of 4
Sector: Information Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
State: California M&A 2 of 2
Country: United States M&A 4 of 4
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-22 SafePointe

Lake Mary, Florida, United States

SafePointe specializes in intelligent weapons detection technology developed with strong roots in U.S. military defense programs. SafePointe is based in Lake Mary, Florida.

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