MAVEN COMPLETES £17 MILLION MANAGEMENT BUYOUT OF ENVITIA Geospatial data specialist Envitia partners with Maven to support growth ambitions. Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has led the £17 million management buyout of Envitia Group plc (“Envitia”), an established data and geospatial technology and services provider to the defence and public sectors. The transaction has been fully funded by Maven’s maiden institutional fund – Maven UK Regional Buyout Fund L.P. Envitia’s Data Discovery Platform (“DDP”), geospatial software and team of data experts, helps organisations to make sense of data, turning it into a valuable resource which can deliver clear actionable insights to make better, faster and more informed decisions. The Business has been operating in the Data and Geospatial market for over 30 years and is a trusted partner to 71 Tier 1 clients. Horsham-based Envitia works with organisations to solve data challenges covering a range of specialised areas such as data discovery and access, data modelling, data quality, AI / Machine Learning, analytics and visualisation all within a geospatial niche. The current senior management team, led by CEO Nabil Lodey, were recruited in 2018 and refocused the business to provide a solutions orientated service for customers in the defence and public sectors to drive their digital transformation strategies. Since their appointment Envitia has delivered impressive growth across revenues and service capabilities. The business is forecast to generate over £8 million of revenues in the year to 31 December 2020. The amount of data created over the next three years will be more than has been created over the past 30 years according to the IDC (International Data Corporation). This exponential growth in data is being driven by, amongst others, an increase in data-generating devices, 5G networks, cloud computing and the prevalence of Internet of Things (IoT), and the global geospatial analytics market is forecasted to grow 15% annually to $137.5 billion in 2025. Envitia is well positioned to leverage their deep domain experience in the geospatial market as demand and use cases continue to increase within their market. The funding from Maven will support the continued growth of the business, expansion of their services and further development of their proprietary software technology for the ultimate benefit of their customers. Tom Purkis, Partner at Maven, said: “The growth achieved in recent years, in addition to the significant market opportunity, demonstrates the clear potential for the business under a strong and credible team. Envitia has built up an impressive blue-chip client base with its technology solutions now embedded in over 8,000 mission-critical applications actively deployed worldwide. We have been impressed by Envitia’s technology solutions and comprehensive IP portfolio, and we look forward to helping the business achieve its growth objectives.” Nabil Lodey, CEO at Envitia, added: “This deal is a significant milestone for Envitia and a real opportunity to accelerate the growth of the business through further product development in AI & ML as well as expansion into new sectors. We’re hugely passionate about the data and geospatial markets and want to serve our customers as a disruptive, innovative and forward-thinking data company. We were therefore delighted to partner with a highly experienced private equity house in Maven who are closely aligned with our vision and we look forward to working with them to achieve our ambitious growth agenda.” LATEST ARTICLES News / 02.12.21 Environment Agency Selects Envitia for Two-Year Contract to Develop and Manage Data Strategy The Envitia Blog / 11.03.21 How to develop a Growth Mindset Culture Envitia About Envitia Culture & Careers News & Events Contact Us Support Technologies Data Platform Geospatial Software Toolkit Market Specific Products Services Data Consulting Applied Research Innovation Sectors Enterprise Public Sector Intelligence & Security Defence UNITED KINGDOM Envitia Ltd, North Heath Lane, Horsham, West Sussex, RH12 5UX, UK Info@envitia.com +44 (0)1403 273 173 UNITED STATES Envitia Inc, 11710 Plaza America Dr, Suite 2000, Reston, VA 20190, US Info@envitia.com +1 703 871 5255 © 2020 Envitia Group PLC. All Rights Reserved. Terms & Conditions Privacy Policy Cookie Policy Acknowledgements