Pencarrow-backed ARANZ GEO acquires 3point Science
New Zealand's ARANZ Geo Ltd has acquired 3point Science Inc, a Calgary-based developer of geoscience visualization tools for learning, training, evaluation and assessment. No financial terms were disclosed. ARANZ Geo, a provider of 3D geological modelling software for the mining, hydrogeology and geothermal industries, said the deal will enable the development of cloud-based solutions and help it enter new markets. Founded in 2009, Christchurch, New Zealand-based ARANZ Geo secured an investment from Pencarrow Private Equity in August 2014.





