M&A Deal Summary

SSP Innovations Acquires 3-GIS

On December 23, 2020, SSP Innovations acquired communications company 3-GIS

Acquisition Highlights
  • This is SSP Innovations’ 1st transaction in the Communications sector.
  • This is SSP Innovations’ 3rd transaction in the United States.
  • This is SSP Innovations’ 1st transaction in Alabama.

M&A Deal Summary
Date 2020-12-23
Target 3-GIS
Sector Communications
Buyer(s) SSP Innovations
Deal Type Add-on Acquisition

Target

3-GIS

Decatur, Alabama, United States
3-GIS LLC is a provider of geospatial back-office web and mobile products for the telecom industry. With the 3-GIS acquisition, SSP will acquire best-in-class telecom software products, 3-GIS Web, 3-GIS Mobile, 3-GIS Prospector, and 3-GIS Network Express inclusive of their SaaS offering 3-GIS Live. 3-GIS is based in Decatur, Alabama.

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Buyer(S) 1

Buyer

SSP Innovations

Centennial, Colorado, United States
Category Company
Founded 2003
Sector Information Technology
DESCRIPTION

SSP Innovations is an IT services and software development company focused on delivering GIS and workforce management solutions to electric, gas, and water utilities as well as oil & gas pipeline operators and telecommunication providers. SSP Innovations was founded in 2003 and is based in Centennial, Colorado.

DEAL STATS #
Overall 3 of 3
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Alabama) 1 of 1
Country (United States) 3 of 3
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-02 TC Technology

Carlsbad, California, United States

TC Technology is a provider of mobile solutions and services for the utility, telecom, and pipeline industries. TC Technology software streamlines fieldwork for utilities across North America delivering measurable benefits to operations, engineering, compliance and IT departments. Return on investment includes productivity savings, increased efficiency, and insightful analytics. TC Technology was founded in 2000 and is based in Carlsbad, California.

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