Quayle Munro is pleased to announce that it has advised Synova Capital LLP (“Synova”), an award winning investor into UK growth companies, on its £9.0 million investment into Vistair Systems Limited (“Vistair” or the “Business”), a leading provider of technology-based Safety, Efficiency and Compliance solutions to the airline industry.
Synova’s investment will support Vistair’s ambitious international growth plans in partnership with the founders, Ian Herbert and David Hedley, CEO and CTO respectively. Headquartered near Bristol, and with operations in Glasgow, Manchester, London and Dubai, the Business has developed cutting-edge cloud-hosted solutions for global airlines, including British Airways, Delta, EasyJet, Air Asia and Emirates.
Vistair’s solutions are at the leading edge of the digitalization of information and data provision to pilots and crew from flight operations manuals to safety reporting and quality measurement. The requirement for regular updates, compliant processes and the control of publication and viewing of critical documentation is driven by increasing regulatory requirements.
The transaction adds to Quayle Munro’s track record of advising on transactions in the global aviation software, data and analytics sector.