Digital Map Products Acquires DMTI Spatial in Cross-Border Transaction

Choate, along with attorneys from the Toronto office of Norton Rose Fulbright, recently counseled California-based Digital Map Products, Inc. (DMP) in its cross-border acquisition of Canadian location-based intelligence and data quality pioneer DMTI Spatial Inc. from a subsidiary of Neopost SA (NPOS.PA).

Founded in 2000, DMP is a provider of geospatial mapping technology, applications and content to a variety of end markets including real estate, government, technology, and utilities. The company recently received a strategic growth investment from Silversmith Capital Partners and is actively using the capital to expand its footprint.

This is the 17th technology deal announced by the Firm’s private equity and M&A groups this year.