Comply365, a leading software provider for the aviation, space, rail, and defense industries, has announced its acquisition of Aviation Safety & Quality Solutions (ASQS), a specialist in safety and compliance management systems. Expected to close in the second quarter of the year, this acquisition will bring ASQS’ iQSMS safety management software under the Comply365 umbrella, integrating with its existing SafetyNet platform to enhance safety and compliance solutions.
Comply365 is already a trusted partner for major global aviation brands, including Aer Lingus, Metrojet (Hong Kong), Airnorth (Australia), and Western Global Airlines. In 2023, the company expanded its reach by partnering with Wheels Up for document distribution.
“We are thrilled to welcome the ASQS team to the Comply365 family,” said Ilia Kostov, CEO of Comply365. “Their expertise and product strengths align perfectly with our mission to provide an integrated solution for operational content, safety, and training management. This acquisition reinforces our commitment to advancing safety management in the industry.”
The deal is backed by Comply365’s investors, with Henry Frankievich of Insight Partners stating, “The addition of ASQS further strengthens Comply365’s position as a global leader in safety management solutions.”