Maven has completed a profitable realisation from McKenzie Intelligence Services (MIS), a geospatial intelligence and event response company specialising in global real-time catastrophe and conflict event analysis. The sale to NASDAQ-listed Verisk has delivered a 3.0x return for the Maven VCTs.
The Maven VCTs first backed MIS in 2023 to help the business grow its UK market share and increase its penetration into the US. The investment also enabled MIS to further develop its technology, launching new product features that provide clients with enhanced insight into future risk selection.
MIS provides rapid post-event damage assessment, military-grade intelligence and actionable insights that support real-time decision making following major loss events. The platform aggregates and analyses geospatial data from multiple sources to deliver accurate assessments of property damage and portfolio exposure, enabling (re)insurers to manage claims more efficiently, resolve cases with greater confidence and support litigation when necessary.
In the three years following Maven’s investment, MIS established a foothold in the US market, won a number of significant contracts and invested in enhancing its market leading technology platform.
Following a competitive sale process, the Maven VCTs have fully realised their investment. The exit also generated a 1.9x return in just over a year for Maven Investor Partners, Maven’s established deal-by-deal investor network for professional clients, following its support of a partial cash-out transaction for the founders in 2025.
“The successful sale of MIS represents a strong outcome for Maven’s VCT shareholders and reflects the significant progress made by the business since our initial investment. Through a focused value creation programme, MIS strengthened its market position and service capability. The transaction also demonstrates Maven’s ability to create and realise value from technology-led businesses operating in dynamic and evolving markets.”
Gary Brookes, Head of Portfolio at Maven
“Maven has been a trusted and supportive partner throughout a period of significant growth for MIS. Together, we have strengthened the business by expanding into the US market, diversifying the customer base and continuing to invest in our technology and operational capabilities. We are proud of what has been achieved during Maven’s period of ownership and look forward to building on these foundations in the next phase of our growth.”
Forbes McKenzie, CEO at MIS