Flightdocs, Inc.
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Flightdocs, Inc. - overview
Established
2003
Location
Bonita Springs, FL, US
Primary Industry
Software
About
Flightdocs, Inc. provides specialized aviation maintenance software solutions aimed at enhancing operational efficiency and ensuring compliance within the aviation industry. Founded in 2003 and headquartered in Bonita Springs, US, Flightdocs, Inc. delivers aviation maintenance software solutions.
The company was acquired by Aircraft Technical Publishers in June 2020, following an investment round led by Argentum, totaling USD 10. 00 mn. The CEO is Norman Happ, and Caroline Daniels is the founder. Flightdocs, Inc.
specializes in comprehensive aviation maintenance software solutions that enhance aircraft uptime and operational efficiency. Their offerings encompass maintenance tracking, fleet management, inventory management, and aircraft technical publications, all integrated into a single platform. These solutions cater to aircraft owners, operators, and manufacturers, streamlining maintenance operations, ensuring regulatory compliance, and minimizing downtime. Flightdocs serves a global customer base, reaching 25% of the commercial fleet and over 100 original equipment manufacturers (OEMs), focusing on markets in North America, Europe, and Asia.
In 2017, Flightdocs reported a revenue of USD 10. 00 mn. The company employs a subscription-based revenue model, allowing clients scalable access to its software hosted in the cloud, with ongoing support ensuring user engagement and satisfaction. Following its most recent deal in June 2020, Flightdocs aims to expand its product offerings in the coming years.
The company is working towards launching new software solutions designed to cater to diverse aviation sectors. Additionally, there are plans to penetrate new markets in Asia and Europe by 2025, leveraging the recent funding of USD 10. 00 mn to support these expansion initiatives.
Current Investors
Accel-KKR, Maranon Capital, ParkerGale
Primary Industry
Software
Sub Industries
Systems Management Software, Monitoring & Security Software, Analytics & Performance Software
Website
www.flightdocs.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Flightdocs, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Flightdocs, Inc. | - |
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