Align Capital Partners (“ACP”) announced today that its portfolio company Schneider Geospatial, LLC (“Schneider Geospatial” or the “Company”) acquired Spatialest. Spatialest is a leading provider of assessor-focused GIS-based SaaS solutions, addressing appraisal modeling, comparable sales, appeals management and related data-centric applications in 16 states.
This strategic partnership reinforces Schneider Geospatial's commitment to transforming the nature of government interactions through innovative technology. By combining forces, Schneider Geospatial expands its market presence and further strengthens the Company’s land records solution portfolio. Schneider Geospatial's industry-leading solutions, including Beacon™, qPublic.net™, SimpliCITY™ and GeoPermits™, will now be complemented by Spatialest's specialized products and expertise.
"Bringing Spatialest into the Schneider Geospatial family is a significant step forward in our strategic roadmap," said Jeff Corns, CEO of Schneider Geospatial. "Together, we will continue to deliver innovative solutions that empower government agencies to leverage smart data and achieve greater efficiency. We remain committed to the high level of customer service our state and local government partners have come to expect from us."
Spatialest's reputation for providing intuitive, visualized data solutions and exceptional customer support aligns perfectly with Schneider Geospatial's mission. The acquisition expands Schneider Geospatial's capabilities and enhances the Company’s ability to deliver geo-centric solutions that address the unique needs of state and local governments and citizens.
Ashley Moore, CEO of Spatialest, added, "We are thrilled to be a part of Schneider Geospatial's vision of transforming the GovTech industry. Our combined expertise and shared commitment to excellence will pave the way for groundbreaking advances in the land records and citizen engagement sector."
ACP acquired Schneider Geospatial in June of 2022 and this transaction marks the third add-on for the Company. Managing Partner Chris Jones, Partner Matt Iodice, Vice President Matt Bowen and Associate Matt Sweet worked alongside management on the transaction.
About Schneider Geospatial
Schneider Geospatial is a leading GIS-based SaaS provider of land and asset management solutions for the GovTech industry. With a strong commitment to innovation and customer success, Schneider Geospatial empowers nearly a thousand state and local governments across the United States with comprehensive solutions and expert services to optimize and improve decision-making while enhancing public service delivery. Through strategic acquisitions and a customer-centric approach, Schneider Geospatial continues to shape the future of GovTech solutions. For more information, visit schneidergis.com.
About Align Capital Partners
Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to create shared success. ACP manages $1.5 billion in committed capital with investment teams in Cleveland and Dallas. ACP brings experience and resources to help lower-middle market companies accelerate their growth, to the benefit of management, employees and the firm’s investors. ACP makes control investments in differentiated companies within the business services, technology, specialty manufacturing and distribution sectors. For more information, visit aligncp.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230809217592/en/
Contacts
Katie Noggle
216-505-6463
knoggle@aligncp.com
