HOIST

Hoist Global Tech Solutions develops innovative software solutions that enhance operational efficiency across various sectors, including aerospace and manufacturing, through its core offerings in ERP, EAM, and FSM. Hoist Global Tech Solutions provides advanced software solutions tailored for Enterprise Resource Planning, Enterprise Asset Management, and Field Service Management. Founded in 2019 and based in Ottawa, Canada, the company has completed 1 significant deal as of April 22, 2025. The founder, whose previous ventures are not publicly detailed, established Hoist with a vision to optimize industry operations.

Hoist Global Tech Solutions specializes in delivering comprehensive software solutions, particularly in Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), and Field Service Management (FSM). These products enhance operational efficiency, streamline processes, and support organizations in sectors like aerospace, defense, mining, and manufacturing. The ERP solutions integrate budgeting, project management, and service management, allowing businesses to effectively manage resources and adapt to market demands. Hoist serves clients in shipbuilding, aviation, energy generation, and automotive industries across North America, Europe, and parts of Asia, addressing critical challenges through optimized maintenance and improved service delivery.

Hoist Global Tech Solutions generates revenue through a structured business model that includes subscriptions and partnerships. Clients engage in transactions for software licenses and support services, structured as multi-year subscriptions covering implementation, training, and consultancy. The flagship products, including the IFS Cloud platform, provide scalable solutions tailored to clients' operational requirements. The company’s offerings are designed to deliver long-term value and efficiency improvements, with a focus on B2B transactions rather than direct consumer sales.

In April 2025, WestView Capital Partners invested in Hoist, enabling the company to expand its service offerings and customer base. As part of its growth strategy, Hoist is developing new products to enhance its software capabilities, with anticipated launches in the upcoming quarters. The investment will support expansion into new markets, particularly in Europe and parts of Asia, with specific plans to increase their footprint in these regions by the end of 2025.