"This investment is a significant milestone and opportunity for growth for ERT," said Jingli Yang, ERT's CEO and co-founder. "Macquarie Capital has a strong track record supporting companies that fuse science with IT capabilities to provide resiliency to government entities and the communities they serve. It is an ideal partner to support ERT as we look to deepen our existing government relationships, diversify our client base and expand into adjacent markets."
"ERT has deep relationships with US Federal agencies, a large and growing pipeline, and a strong culture of innovation," said Jared Doskow, Senior Managing Director, Macquarie Capital Growth and Technology. "We look forward to supporting ERT in expanding its client base, adding additional capacity and service offerings, and seeking opportunities to drive further growth."
"With its unique combination of deep domain expertise and advanced technical skills, ERT is uniquely qualified to handle the US's most challenging geospatial problems," said Mr. Handen. "We look forward to helping the team further build their capabilities and offerings."
Macquarie Capital is a leading investor in companies that provide critical services and innovative solutions in support of the public sector, including federal, state, and local governments.
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