Portside will use the funds to enhance and modernise its PFM and BART software, to expand its global sales organisation and to explore acquisition opportunities.

The combination of Portside and PFM will provide an enhanced suite of software solutions for private, business and government flight departments.

The most recent updates to Honeywell Forge for business aviation includes new integration with scheduling software, a new cabin connectivity dashboard and data reporting integration with Honeywell's MSP.