ImageMap, Inc. sells controlling interest

ImageMap. Inc. of Columbia. South Carolina, a privately-owned company, sells controlling interest to MerMec, S.p.A. of Monopoli, Italy.

ImageMap designs and produces laser-powered non-contact track and wheel measurement equipment for the world's railways.

MerMec, S.p.A, a privately owned company, is a leading international provider of railway infrastructure measurement and defect detection equipment.

The Trans Action Group, now part of EdgePoint Capital Advisors, acted as financial advisors to ImageMap.