Jersey City-based Verisk Analytics Inc. will acquire Keystone Aerial Surveys Inc., as a way to expand its aerial survey services. Keystone is the U.S. business of PASCO Corp., Japan’s largest geospatial service provider.
Headquartered in Philadelphia, Pa., with branches in California, Nevada and Texas, Keystone provides aerial imagery and mapping services throughout the United States.
Keystone will become a part of Verisk’s Geomni business unit.
“Bringing in Keystone is one more step demonstrating our deep commitment to constantly source fresh imagery and provide our customers with more innovative and technologically superior geospatial solutions,” said Jeffrey Taylor, Geomni’s president. “For Keystone employees and customers, it’s business as usual—but now with the support of Geomni and Verisk.”
Keystone customers will benefit from expanded remote sensing resources and the highly efficient aerial survey platforms provided by Geomni.
Geomni, headquartered in Lehi, Utah, operates its fleet of fixed-wing aircraft from branches strategically located throughout the continental United States and Hawaii. Geomni supports several markets, including property/casualty insurance claims and underwriting, roofing and construction, and other mapping professions.
The transaction is expected to close at the end of July, subject to the completion of customary closing conditions.