October 11 2022
KippsDeSanto & Co. advises Spatial Business Systems LLC on its sale to an affiliate of Peak Rock Capital
KippsDeSanto & Co. is pleased to announce the sale of its client, Spatial Business Systems LLC (“SBS” or the “Company”), to an affiliate of Peak Rock Capital (“Peak Rock”), a leading middle-market private investment firm.
Headquartered in Littleton, CO, SBS is a leading provider of intelligent design software and spatial data integration solutions to many of the world’s largest utilities and infrastructure firms across North America, Europe, and Australia. The Company’s suite of vertical-focused software supports the engineering and design of critical network infrastructure assets, creating real-world models that are used to manage workflows, facilitate collaboration and standardize design rules.
SBS has a deeply entrenched franchise position across multiple segments of the utility industry and a rapidly growing presence in adjacent infrastructure verticals including architecture, engineering and construction, telecommunications and water. The Company serves a large, diversified and referenceable blue-chip customer base, including 18 of the 23 Fortune 500 utilities, across an expansive global footprint.
Peak Rock Capital’s knowledge and expertise in the utilities and infrastructure vertical will help to accelerate the Company’s growth and support further investments in the Company’s product offering, go-to-market as well as expansion into new sectors and geographies.
We believe this transaction highlights several key trends in the software M&A market:
• Significant market demand for vertical-focused software providers with solutions that are purpose-built to address industry and customer-specific requirements, drive digital transformation and deliver massive ROI
• Accelerating investment and M&A activity in the utility and infrastructure technology and software segment as the sector undergoes the most dramatic transformation in the past century
• Continued demand for companies that are poised to capitalize on key market growth drivers (e.g., increasing infrastructure investment, grid modernization, decarbonization & renewable energy, transportation electrification, etc.)
• Robust financial sponsor activity and appetite for new technology and software platform investments, particularly for companies with leading market positions, best-in-class, highly differentiated technology and software and seasoned management teams
LEAD INVESTMENT BANKERS
KippsDeSanto & Co. is pleased to announce the sale of its client, Spatial Business Systems LLC (“SBS” or the “Company”), to an affiliate of Peak Rock Capital (“Peak Rock”), a leading middle-market private investment firm.
Headquartered in Littleton, CO, SBS is a leading provider of intelligent design software and spatial data integration solutions to many of the world’s largest utilities and infrastructure firms across North America, Europe, and Australia. The Company’s suite of vertical-focused software supports the engineering and design of critical network infrastructure assets, creating real-world models that are used to manage workflows, facilitate collaboration and standardize design rules.
SBS has a deeply entrenched franchise position across multiple segments of the utility industry and a rapidly growing presence in adjacent infrastructure verticals including architecture, engineering and construction, telecommunications and water. The Company serves a large, diversified and referenceable blue-chip customer base, including 18 of the 23 Fortune 500 utilities, across an expansive global footprint.
Peak Rock Capital’s knowledge and expertise in the utilities and infrastructure vertical will help to accelerate the Company’s growth and support further investments in the Company’s product offering, go-to-market as well as expansion into new sectors and geographies.
We believe this transaction highlights several key trends in the software M&A market:
• Significant market demand for vertical-focused software providers with solutions that are purpose-built to address industry and customer-specific requirements, drive digital transformation and deliver massive ROI
• Accelerating investment and M&A activity in the utility and infrastructure technology and software segment as the sector undergoes the most dramatic transformation in the past century
• Continued demand for companies that are poised to capitalize on key market growth drivers (e.g., increasing infrastructure investment, grid modernization, decarbonization & renewable energy, transportation electrification, etc.)
• Robust financial sponsor activity and appetite for new technology and software platform investments, particularly for companies with leading market positions, best-in-class, highly differentiated technology and software and seasoned management teams
LEAD INVESTMENT BANKERS