Comply365 and Vistair Announce Merger
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Comply365, LLC and Vistair Limited have completed a merger to create a global provider of compliance, safety and data intelligence technologies serving the aviation, defense and rail industries with over 120 customers located in over thirty countries on six continents. Rob Morgan, current Chief Executive Officer of Vistair, has been appointed Chief Executive Officer of the combined company and Tom Samuel, current Chief Executive Officer of Comply365, has been appointed Vice Chairman of the combined company’s board of directors and will lead the integration of the two businesses.
In connection with the merger, Insight Partners, a global software investor, has joined Liberty Hall Capital Partners, a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry and Comply365’s current controlling shareholder, as an equal investor in the combined business. The two private equity firms’ investment provides the combined company the capital to accelerate product differentiation and new product development into mission-critical products supporting aviation, defense and rail technologies – with a vision of compliance and safety innovation for the benefit of its customers.
Tom Samuel, Vice Chairman said, "This combination provides us significantly more resources to invest in our mission-critical solutions, better serve our global customers and accelerate technology transformation across the aviation, defense and rail sectors."
