Evolving technology and the need to modernize software and services has driven merger and acquisition (M&A) activity in the Mapping, Modeling & Simulation industry.  Public company EBIDTA multiple reached an all-time high in 2017 and deal activity was robust.  The global LiDAR market is projected to grow at an annualized rate of 24.1% from 2017 to 2024, according to Research and Markets.1  The report cites the rise in government initiatives, drone applications, LiDAR engineering projects and technology as leading growth factors.