Landmark Solutions specialises in designing, building and maintaining complex platforms and analysing geospatial data for public and private sector organisations.
The business is being sold by a division of Landmark Information Group, which is owned by Daily Mail and General Trust Plc.
Landmark Solutions will be rebranded by Inspirit Capital, who focus on acquiring UK-based business with growth potential.
Rich Grover, associate director at Hazlewoods, said: “It was a pleasure to be able to help Inspirit Capital with their latest transaction and we wish everyone involved a very prosperous and successful future.”
Paul Youens, investment associate at Inspirit Capital, said: “Thank you to Hazlewoods for all your support throughout the engagement – your assistance was invaluable and greatly aided us in our investment decision. Hope to work alongside you again in the future.”
Chris Brackley, managing director of Landmark Solutions, said: “The Inspirit team are experienced investors that will help us to build on our existing track record and unlock our growth potential as a standalone business.
“We are excited about the prospect of partnering with them and taking our business to the next level.”
Albert Farrant, founding partner at Inspirit Capital, said: “Chris Brackley and his team have built an outstanding business that has consistently won large data contracts despite competition from global diversified technology conglomerates.
“We believe that Landmark Solutions is very well positioned to take advantage of the significant opportunities that exist in the market and are excited about partnering with the business as it embarks on this next stage in its journey.”