Swindon's Landhawk Software acquired by The Idox Group for £1.1 million
Land mapping specialist Landhawk Software has been acquired by Idox plc for £1.1 million.
Landhawk provides geospatial information services specialising in the renewable energy market and civil engineering sectors.
The business was established in early 2020. Founder and director Tim Hughes will join Idox and continue to lead and develop the LandHawk business within the Idox Group.
Idox plc is a leading supplier of specialist information management software and solutions to the public and asset-intensive sectors. The group operates across the UK, Europe, India and the US.
Landhawk is its fourth acquisition in two years.
Idox CEO David Meaden said: “We have been in dialogue with LandHawk over the past 12 months and have been impressed with the quality of their software, market offerings and people.
"We are excited by the opportunity to combine LandHawk’s impressive technology with Idox’s deep expertise in UK Land & Property and GIS data. We collectively see a strong proposition for growth into commercial and public sector use-cases across land sourcing, assessment and management.”
“The integration of LandHawk, coupled with the acquisitions of Aligned Assets, thinkWhere and ExeGesIS, places Idox in a strong position to capitalise on the growth of the UK’s location data market and lead the market in software solutions.
"This transaction will provide LandHawk with immediate support to its business and products to continue to expand its offerings and grow its customer base across both commercial and local authority markets.”