Acquisition2021-11-02confirmed
Precisely × Anchor Point Group, LLC
Data integrity firm Precisely acquired Anchor Point Group, a provider of wildfire data and modeling services. [63] The terms of the deal were not disclosed. [59] Anchor Point's data and expertise were integrated into Precisely's Dynamic Weather offering to help clients in insurance, telecom, and infrastructure assess property risk from wildfires. [63]
Price paid
—
Not disclosed
Losing bid
—
Per unit
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no meaningful ratio
The asset
A provider of wildfire data, modeling, and risk-based wildland fire solutions for planning and risk assessment. [63]
The record
- Seller status
- Going concern
- Sector
- Geospatial risk modeling
- Modalities
- geospatial data, risk models
- Jurisdiction
- US
What it means if you hold data
This acquisition shows the increasing value of specialized, peril-specific geospatial data for risk assessment in industries like insurance and infrastructure management, driven by the rising frequency of climate-related events. [59, 63]