Comply365, a global leader in operational content, safety and training management solutions for the aviation, rail, defence and space industries, has announced the signing of a definitive agreement to acquire Aviation Safety & Quality Solutions S.à r.l (ASQS). This acquisition represents a major milestone in Comply365's growth strategy, reinforcing its commitment to advancing safety management and delivering a best-in-class, integrated solution to enhance safety, training and operational performance for its global clientele.
Comply365, supported by Insight Partners and Liberty Hall Capital Partners, aims to leverage ASQS's expertise to expand its capabilities and reach. ASQS, renowned for its sophisticated safety management solution, iQSMS, brings extensive expertise in compliance, safety, and risk management. By integrating iQSMS with its existing SMS product, SafetyNet, Comply365 will position itself as a leading provider of safety management systems across the aviation, rail, defence, and space sectors.
The acquisition not only strengthens Comply365's safety management offerings but also broadens its global customer base. This strategic move aligns with the company's vision to deliver innovative, comprehensive solutions that improve safety and operational efficiency across its diverse industries.
The transaction is anticipated to be finalised in the second quarter of 2025, pending regulatory approvals. The integration of ASQS's advanced solutions and expertise is expected to significantly enhance Comply365's ability to meet the evolving needs of its customers.