Urbanimmersive Acquires EGP Technovirtuel, Graphique ID and La Clique Mobile

June 30, 2021

Urbanimmersive Inc. completed the acquisition of all outstanding shares of EGP Technovirtuel Inc. and Graphique ID Solutions Inc., plus the intangible assets of La Clique Mobile s.e.n.c., for an aggregate purchase price of CAD 3.03 million (cash and shares). The deal expands Urbanimmersive's real-estate photography services, adds a DSLR HDR trigger capture app and recurring subscription websites, and is presented as the first step in the company's accelerated growth plan to broaden service capabilities and accelerate adoption of its 3D tour SaaS solutions.

Buyers
Urbanimmersive Inc.
Targets
EGP Technovirtuel Inc., Graphique ID Solutions Inc., La Clique Mobile s.e.n.c.
Location
Canada
Transaction Type
Buyout

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