CIVIQ Smartscapes, a portfolio company of JMC Capital Partners announced that it has acquired Chicago, Illinois-based elevate DIGITAL, a provider of street-level, interactive software technology. The company's platform manages and controls connective messaging, digital applications, geo-targeted services and data collection that enable companies and municipalities to engage with people and devices.
Brad Gleeson, Chief Commercial Officer of CIVIQ Smartscapes states: "The combination of CIVIQ Smartscapes' experience and competency in smart city solutions, and elevate DIGITAL's citizen mobility experience in municipal markets will make us ideally positioned to capture the growth opportunities created by the rapidly evolving smart cities sector."
Deal terms were not disclosed.
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