Geomatikk acquires software company KP System
Stockholm, Sweden, September 4th, 2024
Geomatikk Sverige has acquired all shares of KP System, which specializes in solutions for excavation permits within the municipal sector. This acquisition is part of Geomatikks strategy to broaden its product portfolio to provide sustainable, efficient, and secure software and services to manage and protect critical infrastructure.
Geomatikk Group is a leading infrastructure management and protection company in the Nordics delivering software and services for municipal excavation permits network information systems and network protection. The group has about 700 employees with operations in Norway, Sweden, Finland and Spain.
– We are thrilled to welcome KP System to our team. The acquisition enables us to combine our expertise and technologies to deliver even stronger solution for our customers, says Erik Sjöberg, CEO of Geomatikk Sverige.
Based in Växjö, KP Systems has seven employes and offers Panorama, a leading software for municipal excavation permits with over 20 customers in Sweden. KP System also provides KP Kalkyl, a software for calculating excavation costs, used by more than 270 customers in Sweden.
– Joining Geomatikk gives us a fantastic opportunity to access new markets, grow together, create greater value for our customers, and continue driving innovation within our industry, says Fredrik Bladh, CEO of KP System.
Geomatikk already offers the product GeoPermit, a software for managing municipal excavation permits, with around 80 customers in Sweden and Norway. Both GeoPermit and Panorama are delivered as Software-as-a-Service (SaaS).
– In the short term, both products will continue to be available, allowing users to work safely and confidently. In the long term, we see this as an opportunity to create a market-leading platform that will bring our customers into the future of work, concluded Erik Sjöberg.