We advised Cyclomedia on the acquisition of Smart Factor

Dutch industry is renowned for its innovative technologies, advanced IT systems and an environment conducive to the development of cutting-edge products and services. Not surprisingly, it was here that Cyclomedia was founded over 30 years ago. Today, the company is a global leader in digital mapping, and its highly accurate 360° visual data enhanced by AI-powered analytics is used all around the world. Expanding its footprint and product portfolio, Cyclomedia has just acquired the Polish company Smart Factor. And we advised it on the transaction.

Investment in technology, greater reach and brand strength

We are excited to welcome Smart Factor to Cyclomedia. This acquisition marks a significant milestone in our strategy to expand into new markets, enhance our service offerings and improve the scalability of our company. Poland is a rapidly growing market with immense potential, and Smart Factor’s strong position in road and tax asset inventories will be a valuable addition to our capabilities, said Serge Lupas, CEO of Cyclomedia.

Smart Factor is one of the key players offering urban space, road and network infrastructure inventory services, and is at the same time an important partner in the digital transformation of Polish cities.

Pragmatic and innovative, the Dutch have recognised that the company’s know-how and technology stack will perfectly complement their existing offering. At the same time, they promise to accelerate international expansion, broaden their offering and strategically focus on fast-growing markets.

Today, Cyclomedia is primarily present in the US and Western European markets. The transaction was significant for Cyclomedia as it enables it to further expand and develop its market position in the CEE region, says Paweł Mardas, head of our M&A practice.

Our advisory services included a legal and tax due diligence, transaction structuring, drafting and negotiation of transaction documentation, and coordination of the entire company acquisition process.

Cyclomedia’s key shareholder, the PE fund Volpi Capital, was also involved in the work on this project.

Joining forces with Cyclomedia is a tremendous opportunity for Smart Factor. With the backing of a market leader, we can offer our clients even better products and services. The scale and speed of delivery will improve significantly, benefiting all our customers and partners, emphasised Tomasz Turczynowicz, CEO of Smart Factor.

Paweł Mardas, M&A Partner, and Adam Czarnota, Senior Associate, worked on the project.

The seller, Inplus, was represented by the Gessel law firm.

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Paweł Mardas

Adam Czarnota

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