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Comply365, a global provider of operational content, safety and training management solutions, has executed a definitive agreement to acquire Aviation Safety & Quality Solutions (ASQS). This acquisition accelerates its investment in safety management to create a best-in-class, integrated offering.
The acquisition of ASQS will enhance Comply365’s product capabilities, strengthen its service offering in safety management and expand its global customer base. The ASQS team has deep expertise in all areas relating to safety management, including compliance and risk management. Its sophisticated safety management solution, iQSMS, will complement Comply365’s existing SMS product, SafetyNet, positioning the combined business as a key player in the safety management space.
CEO Ilia Kostov says: “We are delighted to welcome the ASQS team into the Comply365 family. It brings a wealth of talent, specialised knowledge and complementary product strengths to our organisation. This acquisition demonstrates our commitment to invest in safety management, a central component of our value proposition and vision to create a best-in-class, integrated offering connecting the mission-critical functions of operational content management, safety management and training management.”
Günther Schindl, CEO of ASQS, adds: “I am excited to join Ilia and the Comply365 team to support its vision of delivering a safety-focused, integrated operations offering. The acquisition is a significant milestone in ASQS’s journey and will allow us to better serve our customers with differentiated and connected safety management capabilities.”
The transaction is expected to complete in the second quarter of 2025.