SAN FRANCISCO – OCTOBER 14, 2015 – Mooreland Partners, the leading independent investment bank providing M&A and capital raising services to the global technology industry, today announced that it acted as the exclusive financial advisor to Planet Labs on its cross-border acquisition of Canadian-based BlackBridge Geomatics Corp., BlackBridge S.à.r.l. and BlackBridge, LLC, including the German RapidEye satellite constellation and the RapidEye imagery archive. The acquisition accelerates Planet Labs’ expansion into new market segments and provides access to a robust imagery archive.
The Planet Labs’ acquisition of BlackBridge marks Mooreland Partners’ second transaction for a satellite services company in 2015.
Planet Labs operates a constellation of Earth-imaging satellites and is collecting a radical new data set with endless, real-world applications that includes measuring agricultural yields, monitoring natural resources, and aiding first responders after natural disasters, to name a few. The Company provides businesses and humanitarian organizations global and local insights that currently are either impossible or cost-prohibitive to obtain. Planet Labs is headquartered in San Francisco.