Intermap completes PCI Geomatics acquisition

• Intermap used $7.7 million of cash to close the deal.
• The company said the acquisition should double recurring revenue.
• Intermap expects 2027 commercial revenue of $12 million to $15 million.

Deal close

Intermap Technologies said on Oct. 7, 2026, that it completed its acquisition of PCI Geomatics Group Inc., which operates as CATALYST. The company used $7.7 million of cash to complete the transaction.

Intermap completes PCI Geomatics acquisition

Intermap said the transaction followed PCI shareholder approval on Sept. 25, 2026, and a final order from the Ontario Superior Court of Justice (Commercial List) dated Sept. 28, 2026.

Revenue outlook

The company said the deal is expected to double recurring revenue and add more than 30,000 installed licenses across over 150 countries. It also said the acquisition expands its global distribution and extends its capabilities into optical image processing and distributed edge processing.

Intermap introduced 2027 commercial revenue guidance of $12 million to $15 million. It said that outlook implies more than 100% growth and carries 50%+ contribution margins.

For the year ending Dec. 31, 2027, Intermap also expects Adjusted EBITDA of about $5 million. The company said that outlook assumes no contribution from government procurements, including Indonesia, because their timing is uncertain.

Management

Strong growth in our commercial verticals demonstrates that better data drives better decisions. Now we are pushing these capabilities closer to the edge through the software and agreements already in our customers’ hands, without disruption to workflows, enabling access to the world’s best 3D data, where and when our customers need it.

— Patrick A. Blott, chairman and CEO of Intermap

Our customers need to turn imagery into information they can use.

— June McAlarey, president and CEO of PCI and executive vice president of Intermap