Parkview recently acted as advisor on one of the most significant transactions in the sector - the sale of EarthData International, Inc. to Fugro N.V. (EarthData press release)
Over the last two years, Parkview worked with the owner of EarthData to develop a strategic plan and align the company's operations with the plan. Parkview thereafter managed the sale process from conception to conclusion. During that period, Laurent Ohana, Managing Partner of Parkview, acted as Vice Chairman of EarthData. Parkview's objective all along was to create value for the owners through strategic advice, operational support and effective execution of a strategic transaction.
EarthData (www.earthdata.com) is a worldwide leader in its industry, with approximately $50M of revenues. It is a services company engaged in aerial mapping, remote sensing and developing GIS systems. EarthData collects images of, and information about, the surface of the earth using airplane-mounted digital cameras, lasers and radar systems. It then processes this data and generates digital maps and 3D models used in GIS systems by civilian and intelligence agencies of national governments and local authorities, as well as engineering, mining and other commercial enterprises.
Fugro's (www.fugro.com) mission is to be the worldwide leader in the collection and interpretation of data related to the earth's surface and the soils and rocks beneath, and in advising clients regarding these matters. Fugro's activities are carried out all over the world, offshore, onshore and from the air, and are primarily aimed at the oil and gas industry, mining industry and construction industry. In 2006, Fugro generated €1.4B of revenues and €Euro 141M of net profit. Fugro is listed on Euronext.
