M&A Deal Summary

Spire Global Acquires exactEarth

On September 14, 2021, Spire Global acquired information technology company exactEarth for 161M USD

Acquisition Highlights
  • This is Spire Global’s 1st transaction in the Information Technology sector.
  • This is Spire Global’s largest (disclosed) transaction.
  • This is Spire Global’s 1st transaction in Canada.
  • This is Spire Global’s 1st transaction in Ontario.

M&A Deal Summary
Date 2021-09-14
Target exactEarth
Sector Information Technology
Buyer(s) Spire Global
Deal Type Add-on Acquisition
Deal Value 161M USD
Advisor(s) Cormark Securities, Inc. (Financial)
Stikeman Elliott
Paul, Weiss, Rifkind, Wharton & Garrison (Legal)

Target

exactEarth

Cambridge, Ontario, Canada
exactEarth is a provider of global maritime vessel data for ship tracking and maritime situational awareness solutions. exactEarth is based in Cambridge, Ontario.

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Buyer(S) 1

Buyer

Spire Global

Vienna, Virginia, United States
Category Company
Founded 2012
Sector Information Technology
Employees303
DESCRIPTION

Spire Global is a satellite-powered data company that tackles the unpredictable business challenges with global data solutions. Spire Global was founded in 2012 and is based in Vienna, Virginia.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal