Transactions

February 24 2026

KippsDeSanto & Co. advises Spatial Business Systems LLC, a portfolio company of Peak Rock Capital, on its purchase of GeoSpatial Innovations Inc

KippsDeSanto & Co. is pleased to announce that its client, Spatial Business Systems LLC (“SBS”), a leading provider of intelligent design software to utilities and critical network infrastructure assets and a portfolio company of Peak Rock Capital, has acquired GeoSpatial Innovations Inc (“GSI” or “the Company”).

GSI is a leading provider of software solutions for electric and gas utilities. The Company’s suite of field-based design, asset inspection, and vegetation management tools enables utilities to modernize their engineering workflows and improve infrastructure reliability. GSI’s flagship products, including its cloud-based Distribution Design Studio, are widely recognized for their ability to enable users to design distribution assets and automate structural and electrical analysis, streamline complex field operations and enhance data accuracy across the utility enterprise. GSI also offers mobile utility vegetation management software for utility field operations through its Forester offering.

The acquisition of GSI significantly expands SBS’s intelligent design solutions (IDS) portfolio, creating a comprehensive, end-to-end platform for utility and telecom infrastructure. By integrating GSI’s solutions with SBS’s intelligent design software and adding new features and functionality including non-linear structural analysis and mobile field operations, the combined organization is uniquely positioned to accelerate the digital transformation of the utility industry. This transaction reinforces SBS’s commitment to providing mission-critical tools that automate and streamline engineering & design workflows, integrate spatial and design data and improve design effectiveness for the world’s most essential infrastructure.

We believe this transaction highlights several key trends in the Utility and Industrial software M&A market:

-Growing demand for integrated, end-to-end digital engineering and design solutions that bridge the gap between back-office design and field-based operations

-Increased focus on grid modernization and infrastructure resilience, driving investment in specialized software providers that improve the effectiveness and safety of critical network infrastructure

-Continued strength and momentum in Utility and Industrial Software M&A activity, especially from private equity-backed platforms seeking to consolidate fragmented markets and offer unified solutions for critical infrastructure sectors

About KippsDeSanto & Co.

KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace & Defense, Government Technology Solutions, and Enterprise Technology companies. We are focused on delivering exceptional M&A and financing transaction results to our clients via leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised on more than 250 industry transactions, KippsDeSanto is recognized for its analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.

Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency.

KippsDeSanto & Co. is pleased to announce that its client, Spatial Business Systems LLC (“SBS”), a leading provider of intelligent design software to utilities and critical network infrastructure assets and a portfolio company of Peak Rock Capital, has acquired GeoSpatial Innovations Inc (“GSI” or “the Company”).

GSI is a leading provider of software solutions for electric and gas utilities. The Company’s suite of field-based design, asset inspection, and vegetation management tools enables utilities to modernize their engineering workflows and improve infrastructure reliability. GSI’s flagship products, including its cloud-based Distribution Design Studio, are widely recognized for their ability to enable users to design distribution assets and automate structural and electrical analysis, streamline complex field operations and enhance data accuracy across the utility enterprise. GSI also offers mobile utility vegetation management software for utility field operations through its Forester offering.

The acquisition of GSI significantly expands SBS’s intelligent design solutions (IDS) portfolio, creating a comprehensive, end-to-end platform for utility and telecom infrastructure. By integrating GSI’s solutions with SBS’s intelligent design software and adding new features and functionality including non-linear structural analysis and mobile field operations, the combined organization is uniquely positioned to accelerate the digital transformation of the utility industry. This transaction reinforces SBS’s commitment to providing mission-critical tools that automate and streamline engineering & design workflows, integrate spatial and design data and improve design effectiveness for the world’s most essential infrastructure.

We believe this transaction highlights several key trends in the Utility and Industrial software M&A market:

-Growing demand for integrated, end-to-end digital engineering and design solutions that bridge the gap between back-office design and field-based operations

-Increased focus on grid modernization and infrastructure resilience, driving investment in specialized software providers that improve the effectiveness and safety of critical network infrastructure

-Continued strength and momentum in Utility and Industrial Software M&A activity, especially from private equity-backed platforms seeking to consolidate fragmented markets and offer unified solutions for critical infrastructure sectors

About KippsDeSanto & Co.

KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace & Defense, Government Technology Solutions, and Enterprise Technology companies. We are focused on delivering exceptional M&A and financing transaction results to our clients via leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised on more than 250 industry transactions, KippsDeSanto is recognized for its analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.

Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency.