Private equity group to merge AeroMetric and Photo Science

Private equity group to merge AeroMetric and Photo Science

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U.S: Aerometric Inc. and Photo Science Inc. will soon merge operations into a single entity. The amount of the deal has not been disclosed so far.

Arlington Capital Partners, a Washington, D.C.-based private equity firm, had acquired Aerometric in August 2012. The group is now purchasing Kentucky-based Photo Science. AeroMetric provides digital aerial image acquisition, lidar airborne terrain mapping, photogrammetric mapping, GIS, remote sensing and other related geospatial production services. Photo Science is a geospatial services provider specialising in aerial data acquisition (imagery and lidar), photogrammetric mapping, mobile mapping, remote sensing, GIS systems integration, and GPS surveying services. AeroMetric CEO, Patrick Olson will be the CEO of the new merged entity. Photo Science owner and CEO Mike Ritchie will be COO.

Source: lidarnews.com