Software solutions company Portside has acquired Takeflite, a provider of cloud-based solutions for commercial and cargo airlines headquartered in New Zealand.

Takeflite offers a full set of solutions for scheduled, cargo, charter, corporate and humanitarian operators to allow them to manage their complex and highly dynamic operations across all areas of the organisation. The platform provides all necessary functions from pricing, internet bookings, charter quotes and cargo, through to operations, dispatch, crew and aircraft management, along with financial management and comprehensive reporting and data analysis.

“When airlines and other aviation operators are seeking to streamline operations, it is essential for them to have a single system of record that provides visibility into their customers, operations and profitability,” says Portside CEO Alek Vernitsky. “Takeflite is a leading provider of technology solutions to cargo and commercial airlines, and we are excited to have it in the Portside family.”

Jason Hopkins, founder and CEO of Takeflite, adds: “We have been providing enterprise grade aviation solutions since 2005. We're proud of our long track record of helping our customers with a wide variety of airline operations. We are enormously excited to bring our skills and expertise to create value for not only Portside and Takeflite customers, but also to extend our unified platform to the broader aviation market.”

Takeflite was advised by Traction Advising, whose founder Lowell Ricklefs says: “Takeflite's mission critical software is a fantastic business built by great people. The combination with Portside's platform makes great strategic sense and is good for their customers, employees and investors.”