Phenna Group acquires ISGroup, enhancing its capabilities in the geospatial solutions sector, marking a strategic expansion into a rapidly growing market.

Target Information: ISGroup

ISGroup, founded in 1997 by Peter Rullo, has transformed from a modest surveying firm into a prominent provider of integrated geospatial solutions. Headquartered in Perth, Western Australia, ISGroup specializes in delivering data-driven spatial insights across a variety of sectors including infrastructure, resources, and urban planning. The company is recognized for its innovative approaches to complex spatial challenges, adopting a client-centric mindset that has bolstered its reputation as a market leader.

Peter Rullo, the Founder and Executive Director of M&A at ISGroup, has expressed enthusiasm about the acquisition, citing it as a pivotal moment in ISGroup's evolution. He stated, "Phenna not only shares our values and ambition but also sees the same opportunities in geospatial that we do. This partnership empowers us to further invest in our people, technology, and strategic acquisitions," highlighting the strategic vision that will guide ISGroup’s future under Phenna's ownership.

Industry Overview in Australia

The geospatial industry in Australia has been experiencing rapid growth, driven by increasing demand for spatial data across various sectors. The country’s diverse geography and focus on infrastructure projects have necessitat