HMT undertook financial due diligence for Gresham House Ventures (“Gresham House”) on their investment in geospatial data analytics leader Rezatec.
Based in Didcot, Rezatec applies its unique machine learning algorithms to a wide range of earth observation data, such as satellite imagery, soil, weather and topographic data, to generate data analytics products. These products help Rezatec customers in the forestry, agriculture and infrastructure sectors to substantially improve returns derived from their assets distributed across very large areas worldwide.
Rezatec’s technology offers a step-change in efficiency where asset owners are still using inefficient, manual, labour-intensive approaches to measure and monitor asset performance. Rezatec data analytics deliver high accuracy with scalable cost efficiency through automated processing of satellite generated inputs.
Gresham’s investment will aim to continue Rezatec’s growth and international expansion.
HMT undertook financial due diligence for Gresham House on this transaction.
commented:
“Gresham House Ventures invests in growth businesses with bold ambitions for the future. Rezatec is a world-leading provider of geospatial data analytics with expertise across multiple sectors, including forestry, agriculture, infrastructure and financial services. The HMT team provided comprehensive advice throughout the transaction, working to a tight deadline and delivering an insightful report. We look forward to working with them again in future.”
– Thomas Makey, Associate Director at Gresham House
“We are delighted to have assisted Gresham House on their investment in Rezatec. The business has enjoyed consistent growth and with Gresham House’s support will be able to expand internationally as well as extend their product development capacity. We look forward to working with them again in the future.”
– Paul Read
