Equiteq advises Murphy Geospatial on its sale to Woolpert, Inc.

March 27, 2024

Equiteq, the global boutique investment bank, is pleased to announce that it has acted as the financial advisor to Murphy Geospatial, a private, family-owned multidisciplinary geospatial business with six offices across Ireland and the UK, on its sale to Woolpert, Inc.

Woolpert is a private, U.S.-based firm, backed by MSD Capital, that has been providing comprehensive and integrated geospatial services in various parts of the world for more than 50 years.

Woolpert President Neil Churman said that this acquisition will benefit both businesses and will enable the combined firm to integrate best practices, leverage operational efficiencies, and advance the delivery of services for clients. These services include survey, reality capture, BIM, asset monitoring, GIS, and all forms of mapping.

“Over the last four decades, Murphy Geospatial has solidified itself as an innovative geospatial partner throughout Ireland, the UK, and the surrounding regions,” Churman said. “Together with Murphy Geospatial, we will expand our presence in Europe to improve our offering to customers, accelerate next-level solutions, and provide vital support to the infrastructure, manufacturing, construction, property, utility, and natural environment sectors.”

Murphy Geospatial CEO Niall Murphy will continue to lead the group, which will operate as “Murphy Geospatial, a Woolpert Company,” along with the current leadership team.

Niall added: “We are thrilled to be joining forces with the Woolpert team. Their long-standing history in the geospatial sector and commitment to creating a great place to work for employees makes them an ideal match for us. We look forward to taking this next step to better serving our valued clients and advancing the industry together.” 

Jerome Glynn-Smith, Managing Director, Head of Europe at Equiteq, said: “Murphy Geospatial is a true pathfinder in the rapidly evolving geomatics space, and we are pleased to have been entrusted by the team to find a suitable home for this family business. Woolpert's ethos and culture are a perfect match for Murphy, culminating in a transaction that is a testimony of the collective vision to deliver excellent client results on a global scale. We wish the teams all the best as they embark on this exciting journey together.”

Commenting on Equiteq’s role in the transaction, Niall Murphy stated “We thank Equiteq for their dedication, impeccable professionalism, and pragmatic approach throughout the process. Their understanding of our business and goals, coupled with their global reach and relationships, gave us confidence that we would find the right partner to propel us into the next phase of growth. It was a pleasure to work with the Equiteq team, and partner with them to achieve an outstanding outcome for our business.”
 
Read more about the transaction here

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