Govtech

ACP- backed Schneider Geospatial acquires govtech company Systems Development Group

.SDG marks the 4th add-on for Schneider Geospatial given that ACP acquired it in June 2022Based in Cleveland and Dallas, ACP purchases the reduced middle marketACP deals with $1.6 billion in dedicated capitalSchneider Geospatial, which is backed by Align Resources Allies, has actually gotten Systems Advancement Team, a US-based supplier of geo-centric building record and analysis services for nearby governments.Schneider Geospatial is actually a carrier of GIS-based SaaS remedies in the govtech industry.We are actually excited to welcome SDG to Schneider Geospatial," pointed out Jeff Corns, Chief Executive Officer of Schneider Geospatial in a declaration. "The freshly blended and integrated staff will definitely stay focused on delivering outstanding customer support and product development to all of our customers." SDG notes the fourth add-on for Schneider Geospatial because ACP got it in June 2022. Based in Cleveland as well as Dallas, ACP buys the reduced center market. The company manages $1.6 billion in focused funding.