The Desk Summary
Battery Ventures-Backed VertiGIS Closes £87M Take-Private of 1Spatial
Brief
VertiGIS, a Battery Ventures portfolio company, announced on 2 May 2026 that it has closed its £87 million acquisition of 1Spatial, a provider of location master data management software. The deal adds an automated data-quality rules engine to VertiGIS's application suite for utilities, telecoms and government infrastructure, and extends its geographic reach into the UK, France and the Benelux region. 1Spatial shareholders received 73 pence per share in cash, a 57% premium to the closing price on 11 December 2025, the last business day before the possible offer announcement.
VertiGIS, a geospatial solutions provider backed by Battery Ventures, closed its take-private acquisition of 1Spatial, a global provider of location master data management software.
The transaction, valued at £87.1 million and first announced in December 2025, adds 1Spatial's data validation and rules engine to VertiGIS's application portfolio, strengthening its ability to deliver end-to-end geospatial solutions for utilities, governments, and infrastructure operators while expanding its presence into the U.K.,...
Deal details
- Buyer
- VertiGIS
- Sponsor
- Battery Ventures
- Target
- 1Spatial
- Platform
- VertiGIS
- Deal type
- Add-on
- Announced
- May 2, 2026
- Status
- announced