PE Deals

ACP recaps Schneider Geospatial

This is ACP’s 72nd closed investment since the firm was founded in 2016.

-
  • Schneider Engineering Corporation began offering GIS services in 1989
  • Schneider Geospatial has a presence in over 25 states
  • The company is headquartered in in Indianapolis

Align Capital Partners has recapitalized Schneider Geospatial, LLC, a SaaS provider of public access land management software and recurring support services to state and local governments. No financial terms were disclosed.

Schneider Engineering Corporation was founded in 1962 and began offering geographic information system services in 1989. After the GIS business grew, the Schneider family spun out Schneider Geospatial into a separate, independent business in 2018 while maintaining 100% ownership of the Company.

On the new partnership, Jeff Corns, CEO of Schneider Geospatial, said in a public statement: “We are excited to continue our partnership with our amazing clients. ACP’s investment allows us to accelerate several of our growth initiatives which will result in even better solutions and services to our clients. Our talented team is excited to continue this next phase of the Company’s growth.”

This represents ACP’s 72nd closed investment since the firm was founded in 2016 and is ACP’s 11th new investment year-to-date, including two platforms and nine add-on investments.