Digital Map Products Acquires DMTI Spatial in Cross-Border Transaction

Press Release

 | July 13, 2017

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.

The Choate team was led by partner Christian Atwood (private equity) and included partners John Ventola (finance) and Tim Becker (tax), and associates Anthony Cahill (private equity) and Kate Reynolds (finance).

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

 

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