Insights

Silversmith Capital Partners Provides Strategic Growth Investment to Digital Map Products, Inc.

Choate recently represented Silversmith Capital Partners in connection with its majority equity investment in Digital Map Products, Inc. (DMP), a leading provider of cloud-based mapping and Web-enabled spatial solutions for real estate, government, and technology industries. The strategic investment allows DMP to continue its growth in the special technology sector.

The Choate team advising Silversmith Capital Partners included partnerJohn Ventola (finance), and associates Johanna Goulding, Kate Reynolds, Arian Galavis and Hanna Roos.

The DMP acquisition marked the third investment that Choate has closed for Silversmith Capital Partners in the last few months, following on the success of growth equity investments in Centauri Health Solutions (closed May 2016) and Impact Radius (closed June 2016).