Remsoft Expands with Strategic Moves
Deal News | Mar 12, 2025 | EIN
Sampford Advisors, a Canadian boutique investment bank focusing on technology, media, and telecom companies, served as the exclusive financial advisor to Remsoft during a significant strategic investment and acquisition. Remsoft, based in Fredericton, New Brunswick, specializes in developing intelligence software for the forestry and natural resource industries, optimizing their supply chains. Through this move, Remsoft received an investment from Banneker Partners, a private equity firm, aiming to enhance their capabilities in innovation and scaling operations. In tandem, Remsoft acquired Lim Geomatics, a cutting-edge forestry software company known for its expertise in geospatial and operational analytics, based in Ottawa, Ontario. The acquisition adds significant technological capabilities to Remsoft, particularly in areas such as geospatial intelligence, LiDAR, and forest machine telematics. This dual transaction amplifies Sampford Advisors' standing as a leading mid-market software M&A advisory firm in Canada.
Sectors
- Technology, Media, and Telecom (TMT)
- Private Equity (PE)
- Forestry and Natural Resources
Geography
- Canada – The main companies involved, such as Remsoft and Lim Geomatics, as well as Sampford Advisors, are based in Canada.
- United States – Banneker Partners, the private equity firm involved in the transaction, is likely based in the U.S.
Industry
- Technology, Media, and Telecom (TMT) – The article is about mergers and acquisitions in the technology sector, particularly involving software companies specializing in geospatial and operational analytics.
- Private Equity (PE) – The investment from private equity firm Banneker Partners into Remsoft represents the involvement of this industry.
- Forestry and Natural Resources – Remsoft and Lim Geomatics both operate within the forestry and natural resources sector, providing software solutions for optimizing operations.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Remsoft | Target Company | Company | Intelligence software leader in forestry and natural resource industries, based in Fredericton, New Brunswick. |
| Lim Geomatics | Acquired Company | Company | Forestry software innovator based in Ottawa, Ontario, known for geospatial and operational analytics. |
| Banneker Partners | Investor | Company | Private equity firm providing strategic investment to Remsoft. |
| Sampford Advisors | Financial Advisor | Company | Boutique investment bank focused on mid-market mergers and acquisitions in the TMT sector, based in Ottawa, Ontario. |