AUSTIN, TX, Feb 16, 2024 – SAM, the nation’s leading provider of professional geospatial and inspection services across the utility, transportation, and broader infrastructure markets, announced that it has acquired PrecisionPoint, Inc. (PPI). PPI is an innovative 3D laser scanning to building information modeling (BIM) firm located in the Indianapolis metropolitan area. This acquisition strategically aligns with their existing portfolio of managed geospatial services and bolsters their resources in the region.
Since its inception in 2009, PPI has assisted architecture, engineering, and construction professionals in accelerating the data collection and documentation processes for facilities and infrastructure. PrecisionPoint will join the Managed Geospatial Services business unit that is chartered with advancing data acquisition, improving analysis, and developing predictive analytics that redefine and transform how infrastructure assets are built and managed throughout their lifecycle.
“We are thrilled to welcome PrecisionPoint into the SAM family,” said SAM president and CEO, Chris Solomon. “This strategic integration is poised to create new opportunities to leverage state-of-the-art scanning and BIM services that enhance informed decisions that support our clients’ strategic business objectives.”
SAM continues to pursue a bold strategic growth strategy, both organic and inorganic, with a focus on adding the capabilities and competencies that strengthen their managed geospatial services strategy and deliver the outcomes that our clients seek. Business owners interested in learning more about SAM’s M&A strategy and the benefits of partnering with SAM should visit the “Mergers & Acquisitions” page on the SAM website.
About SAM
As the nation’s largest Geospatial and Inspection services firm, they provide practical, accurate, and high-fidelity deliverables to enhance decision-making, mitigate risks, achieve strategic objectives, and drive costs out of their clients’ business. Their vision is to advance spatial data acquisition, improve analysis capabilities, and develop predictive analytics to redefine and transform how infrastructure assets are developed and managed throughout their lifecycles.