REUTERS/Lucas Jackson/File Photo Acquire Licensing RightsSept 7 (Reuters) - The private equity owners of EagleView Technologies are exploring a sale of the provider of aerial imagery and data analytics services that could value it at about $2 billion, including debt, according to people familiar with the matter.
EagleView generates about $300 million in revenue and 12-month earnings before interest, taxes, depreciation, and amortization (EBITDA) of $165 million, the sources said.
In 2018, Clearlake bought a significant stake from Vista, becoming an equal owner in EagleView.
Bellevue, Washington-based EagleView Technologies is a provider of software that can be used to measure rooftops with satellite images from the sky, mainly used by insurance companies to make more accurate decisions.
The company is utilizing a vast library of images and its patented 3-D measurement software to provide software tools to customers in industries such as insurance, construction, government and public utilities.
Persons:
Lucas Jackson, William Blair, Rothschild, EagleView, Vista, Clearlake, Milana Vinn, Marguerita Choy
Organizations:
New York Fire Department, FDNY, FDNY's, Center, REUTERS, EagleView Technologies, Vista Equity Partners, Clearlake, Co, Vista, Technologies, Thomson
Locations:
New York, EagleView, Vista, EagleView . Bellevue , Washington