CIVIQ Smartscapes Acquires Canadian Digital Display Firm.
M2 EQUITYBITES-June 1, 2016-CIVIQ Smartscapes Acquires Canadian Digital Display Firm
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1 June 2016 - New York, US-based urban infrastructure technologies producer CIVIQ Smartscapes has acquired Canadian ruggedised integrated digital display solutions provider Vertigo Digital Displays located in Toronto, Ontario.
Terms of the deal were not disclosed.
CIVIQ Smartscapes designs and delivers connected urban infrastructure technologies worldwide.
The acquisition of Vertigo is aligned with CIVIQ Smartscapes' strategy of expanding capabilities and capturing Smart City opportunities around the world.
Vertigo will continue its operations in Toronto as CIVIQ.
CIVIQ Smartscapes designs and delivers connected urban infrastructure technologies that provide access to and enhance public information, commerce, safety and efficiency to create "smartscapes" the future of intelligent urban infrastructure.
JMC Capital Partners is a private equity firm investing in industrial technology companies using its proven Platform Strategy, which builds value through operationally integrating complementary businesses within specific industrial market sectors.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Jun 1, 2016|
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