Published: December 12, 2025 at 8:28 am
Listed data firm 1Spatial is set to be taken private in an £87 million cash deal.
The board of the Cambridge company is recommending that shareholders vote through a takeover by VertiGIS, a London-based provider of geographic information systems.
The offer of 73 pence per share represents a premium of 57% to the closing price of 46.5p yesterday.
The companies claim to have already received support from 1Spatial’s largest shareholders, representing 33.8% of the share capital of the business.
1Spatial, led by CEO Claire Milverton, manages geospatial data, supporting clients to build a solid data foundation – ensuring data is current, complete and consistent – across utilities, telecommunications, national mapping agencies, government departments, emergency services, defence, census bureaus and transportation organisations.