Safe Software today announced the appointment of Nabil Lodey as VP EMEA, where he will drive growth in the company's presence and customer base across the region. His appointment builds directly on Safe's operational expansion into the UK and Ireland, announced in June 2025. Nabil joins Safe from 1Spatial, a long-standing Safe partner and FME reseller, where he served as Managing Director for the UK and Ireland.

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London, Thursday, 30 April 2026.VertiGIS has finalized its $118 million buyout of 1Spatial, delivering a 57% shareholder premium. This acquisition positions the company to lead a mapping market projec

We unlock the value of location data by bringing together our people, innovative solutions, industry knowledge and our extensive customer base.

Investing.com -- VertiGIS Ltd has agreed to acquire 1Spatial Plc in a recommended cash offer that values the location data management software company at approximately £87.10 million. Under the terms of the deal, 1Spatial shareholders will receive 73 pence in cash for each share, representing a premium of about 57% to the closing price on December 11, 2025, the last business day before the possible offer announcement. The acquisition will be implemented through a court-sanctioned scheme of arrangement and is expected to complete during the first half of 2026, subject to shareholder approval and regulatory clearances. 1Spatial’s board of directors unanimously recommended that shareholders vote in favor of the scheme. The company’s directors have provided irrevocable undertakings to vote their combined 1.33% stake in support of the deal. VertiGIS has also secured irrevocable undertakings from Threadneedle Asset Management Limited and Columbia Threadneedle Management Limited, collectively 1Spatial’s largest shareholder with a 17.70% stake. Additionally, non-binding letters of intent have been received from shareholders representing approximately 33.43% of 1Spatial’s shares. The acquisition brings together two complementary businesses that are longstanding commercial partners. 1Spatial operates as a key distributor of VertiGIS’s products, particularly the VertiGIS Studio product in the UK and Irish markets. VertiGIS, backed by Battery Ventures, is a leading spatial asset management and Geographic Information Systems (GIS) solutions provider with over 500 employees across 21 offices in 9 countries. The company serves more than 5,000 customers worldwide. 1Spatial provides Location Master Data Management software and services, with its technology powering major location data implementations including the California Department of Transport in the US and the UK National Underground Asset Register. Andy Berry, CEO of VertiGIS, said: "We are excited to be announcing the proposed acquisition of 1Spatial, which we believe represents a compelling opportunity for all stakeholders, with the full recommendation of its Board." Andy Roberts, Chairman of 1Spatial, commented: "VertiGIS’s proposed offer highlights the inherent value of the 1Spatial Group and represents an attractive valuation, providing shareholders with certainty through cash consideration, and greater opportunities for our team and increased resources to support our customers." This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. ProPicks AI evaluates SPA alongside thousands of other companies every month using 100+ financial metrics. Using powerful AI to generate exciting stock ideas, it looks beyond popularity to assess fundamentals, momentum, and valuation. The AI has no bias—it simply identifies which stocks offer the best risk-reward based on current data with notable past winners that include Super Micro Computer (+185%) and AppLovin (+157%). Want to know if SPA is currently featured in any ProPicks AI strategies, or if there are better opportunities in the same space?

Investing.com -- VertiGIS Ltd, a portfolio company of Battery Ventures, has reached an agreement in principle with 1Spatial plc (AIM:SPA) on key terms for a possible cash offer valuing the geospatial software company at approximately £87.1 million. The possible offer of 73 pence per share represents a 57% premium to 1Spatial’s closing price of 46.5 pence on Wednesday, according to a regulatory announcement released Friday. The 1Spatial board has indicated it intends to unanimously recommend the offer to shareholders should a firm offer be made, citing attractive valuation and compelling liquidity opportunity not currently available in public markets. The possible offer has already received support from 1Spatial’s largest shareholders representing 33.8% of issued ordinary share capital. VertiGIS has secured irrevocable undertakings from Threadneedle Asset Management Limited and Columbia Threadneedle Management Limited for approximately 17.7% of shares, and a non-binding letter of intent from Canaccord Genuity Asset Management for approximately 16.1%. 1Spatial’s board believes the combination would create strategic benefits by aligning complementary product capabilities and customer bases, potentially accelerating adoption of 1Spatial’s technology and broadening international distribution. Under the Code on Takeovers and Mergers, VertiGIS must announce a firm intention to make an offer by January 9, 2026, or announce it does not intend to proceed. VertiGIS, headquartered in London, is a leading spatial asset management solutions provider with over 500 employees across 21 offices in 9 countries. The company serves more than 5,000 customers worldwide, primarily in utility, government, telecommunications and infrastructure sectors. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Battery Ventures, which backs VertiGIS, is currently investing from its 14th flagship fund and companion Select Fund II, together capitalized at $3.8 billion, with Battery having raised over $13 billion since inception. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. ProPicks AI evaluates SPA alongside thousands of other companies every month using 100+ financial metrics. Using powerful AI to generate exciting stock ideas, it looks beyond popularity to assess fundamentals, momentum, and valuation. The AI has no bias—it simply identifies which stocks offer the best risk-reward based on current data with notable past winners that include Super Micro Computer (+185%) and AppLovin (+157%). Want to know if SPA is currently featured in any ProPicks AI strategies, or if there are better opportunities in the same space?

Die 1Spatial-Aktie zeigt leichte Erholung nach deutlichem Wochenverlust, bleibt jedoch mit hohem KGV unter Bewertungsdruck. Analysten sehen trotzdem langfristiges Potenzial.