ATP, a leading provider of aviation software solutions and information services, announced that it has secured a significant growth investment from Accel-KKR. This transaction follows Accel-KKR’s initial investment in ATP in mid-2020 in partnership with existing investor ParkerGale Capital. The new investment will fuel continued market expansion for ATP and Flightdocs by accelerating go-to-market and M&A strategies in pursuit of the company’s vision of becoming the market leader in aviation information and workflow software solutions serving every segment of aviation.
ATP is the source for aircraft technical publications and real-time regulatory information, and the leading provider of maintenance, operations, inventory, repetitive defect analysis, and troubleshooting software. The company’s applications help reduce operating costs, improve aircraft reliability, and support technical knowledge sharing and collaboration.
“Since AKKR’s initial investment in the company, we have seen up-close the sizable opportunities for ATP together with Flightdocs, and for the aviation software industry at large,” said Dean Jacobson, Managing Director of Accel-KKR. “Despite the changes in air travel brought on by the pandemic, flight maintenance and safety remain paramount to our customers. Our new investment today represents a strong continued vote of confidence in ATP, and in the exciting opportunities that lie ahead for the aviation software industry at large.”
