VertiGIS acquires EDP in Sweden to expand GIS solutions into the Nordic Market
VertiGIS, a leading geographic information systems (GIS) solution provider and software developer, has completed the acquisition of 100% of EDP Consult AB, an established software and services provider based in Staffanstorp, Sweden.
VertiGIS is backed by global, technology-focused investment firm Battery Ventures, who began acquiring GIS and location technology software companies under the brand in 2017.
Best known for its EDP Future, EDP Mobile and EDP Vision products, EDP develops and delivers software for Swedish municipalities. Their technology specifically addresses customer challenges regarding water & waste, district heating, and rent & general billing in addition to case supervision and document management for all parts of public administration, government agencies and companies.
EDP’s Founder & CEO Mikael Nyquist explains: “I am proud of what my EDP colleagues have accomplished over the past 39 years, and I am excited to see how we will evolve as part of VertiGIS to offer new value to our customers.”
EDP will partner with VertiGIS’ existing public sector business, which has decades of proven expertise in helping municipalities solve similar challenges in its respective markets.
“EDP’s customer-centric approach to digitalizing processes and solving challenges with location technology matches well with ours,” adds Richard Wiegmann, President & CEO of VertiGIS. “We’re pleased to have EDP join VertiGIS and are looking forward to helping bring their expertise to new customers around the world, while finding opportunities for existing VertiGIS technology in the Nordic market.”
EDP’s product lines join VertiGIS’ solutions for public sector & land management, utilities & energy, telecommunications and infrastructure & facility management that serve more than 5,200 customers worldwide.