AcquisitionsJul 29, 2026, 07:51 AM
Intermap to Acquire PCI Geomatics Group for $11M Cash
AI Summary
Intermap Technologies announced a definitive agreement to acquire PCI Geomatics Group for $11 million in cash. This acquisition aims to integrate PCI's satellite and aerial image processing technologies with Intermap's 3D elevation models, creating an integrated geospatial intelligence platform. The transaction is expected to be immediately accretive to Intermap's commercial revenue growth, EBITDA, earnings, and cash flow, with approximately 60% of pro forma revenue anticipated from recurring subscriptions.
Key Highlights
- Intermap Technologies to acquire PCI Geomatics Group for $11 million in cash.
- Acquisition expected to be immediately accretive to commercial revenue growth, EBITDA, earnings, and cash flow.
- PCI brings over 750 proprietary algorithms supporting imagery from 500+ satellites.
- Approximately 60% of pro forma revenue expected from recurring commercial subscriptions and licenses.
- PCI President and CEO, June McAlarey, will continue in her role and become an Intermap EVP.
Price Impact
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