DEALS, MERGERS AND PARTNERSHIPS
GeoSLAM maps out plan for further growth
Nottingham-based mapping company GeoSLAM has received a £5.4m investment to support a merger transaction with 3D Laser Mapping, and further evolve its 3D mobile mapping and monitoring technology. The cash injection, provided by
Frontier Development Capital and Clydesdale Bank, will also see the firm significantly accelerate the development and marketing of new products to international markets. Best known for its range of hand-held laser 3D mapping devices and accompanying software systems, GeoSLAM’s products are used across the globe to survey complex environments such as mines, tunnels and caves.
The company has experienced strong growth since its launch in 2012 and now sells its technology in more than 60 countries. Most recently, GeoSLAM launched the ZEB-HORIZON, the next generation of handheld 3D laser scanners, capable of rapidly capturing intricate land and building measurements from up to 100m away. Shelley Copsey, CEO at
GeoSLAM, said: “We are an incredibly ambitious organisation and our recent merger, supported by this investment, has meant we are now able to use our combined experience in international distribution, innovation and R&D to deliver the next generation of products to clients in an incredibly wide portfolio of industries.
“I know the next few
months are going to bring tremendous international growth.”
GeoSLAM’s innovative mapping technology
Evolution of tech firm following acquisition
Leading Leicestershire technology company Evolve has broadened its offering as experts in bespoke software development and professional services by merging with Ukrainian company Pug-IT, creating a dedicated and scalable development centre, trading as Evolve Dev Limited. Established in 2007, Evolve has
provided enterprise-grade software solutions and expert IT consultancy services at award-winning standards to blue-chip companies in the UK and internationally for over 11 years. Leanne Bonner-Cook MBE, MD at
Evolve, said: “I am really excited about the future for Evolve now we’ve merged with Pug-IT. Setting up a dedicated development centre in the Ukraine allows us to offer competitive solutions and scale the business further under the leadership of Philippe Peron, who will work closely with our UK leadership team.” Founder at Pug-IT, Philippe
Peron, who will be the Managing Director of the Evolve Dev division, added: “Pug-IT collaborated with Evolve just under two years ago
22 business network February 2019 Leanne Bonner-Cooke
and we’ve produced some fantastically innovative applications together, so the opportunity to make our partnership official in the form of a merger was a no-brainer. “Now, as the MD of Evolve Dev, I
am looking forward to driving the division forward and producing more outstanding software solutions with the team.”
L-R: Simon Hill and Paul Lakin
Total Motion drives off with partnership
Chamber member Total Motion has become Stoke City’s official vehicle partner, building on a long-standing relationship between the football club and Leicester-based Total Motion, the UK’s largest family-run and privately-owned fleet management and leasing provider. The new partnership will allow Total Motion to promote personal lease
deals exclusively to City supporters, while also aiming to provide the cheapest quotes in the country on specific deals. Managing Director Simon Hill said: “Having worked with the club for over
ten years, becoming a partner seemed like a natural progression and we are keen to support the club and supporters.” Stoke City’s Chief Commercial Officer Paul Lakin said: “We are delighted
to welcome Total Motion to our group of Platinum Partners. It is a long- serving and trusted friend of the club that has strong buying power in the lease car sector. That will significantly benefit our fanbase who will receive weekly exclusive personal lease deals, often at genuine unbeatable prices.”
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