Jeppesen ForeFlight is launching as a new digital aviation entity, backed by Thoma Bravo, a leading software investment firm. The company has completed its separation from Boeing and sale to Thoma Bravo in an all-cash transaction valued at $10.55 billion. Brad Surak, who previously led the Digital Aviation Solutions business at Boeing, will lead Jeppesen ForeFlight as chief executive officer.

“Backed by 90 years of Jeppesen's gold-standard data and ForeFlight's relentless spirit of exploration, this combination is building the most unified, intuitive platform in aviation,” says Surak. “As we return to independence alongside a leader in software private equity investing, we're enabled to move faster, think bigger and innovate.”

With the industry's most comprehensive aeronautical data and a commitment to quality and safety, the company serves all four key aviation segments: commercial, business, military and general aviation. Jeppesen ForeFlight's suite of solutions from flight planning and dispatch to crew tracking, are seamlessly integrated to power digital aviation.

Surak continued, "AI is the north-star for our multi-year roadmap of integrated solutions as we look to build on our proven heritage and move to new horizons. We have an unmatched history of pioneering, from inventing aviation charts to transforming aeronautical data into digitised pilot support systems, and we've only just scratched the surface of what's possible. Jeppesen ForeFlight is bringing AI to aviation, from the flight deck to the operations control centre driving increased operational efficiency and bolstering safety.”

As Jeppesen ForeFlight begins its new day one, the company remains steadfast in its mission to redefine the aviation landscape through innovation and a spirit of exploration. Rooted in the company's legacy of trust and excellence, Jeppesen ForeFlight is committed to solving aviation's toughest challenges and helping customers navigate an ever-evolving industry. From engineers and geospatial experts to innovators and customer advocates, the team at Jeppesen ForeFlight has a dedication to excellence and customer service.

“We are thrilled to complete this transaction and to support Jeppesen ForeFlight as a standalone company with significant growth opportunities ahead,” remarks Holden Spaht, a managing partner at Thoma Bravo. “The company has been a cornerstone of the aviation industry for more than 90 years, combining deep domain expertise with a culture of innovation. We look forward to helping strengthen that leadership position and leveraging AI to drive the next wave of digital transformation in aviation.”

“The closing of this transaction underscores Thoma Bravo's continued leadership in software private equity investing,” adds Scott Crabill, a managing partner at Thoma Bravo. “Jeppesen ForeFlight is a world-class vertical software and data business that plays a critical role in powering the aviation ecosystem. We're excited to support the company's talented team, invest in innovation and help accelerate its next phase of growth and global expansion.”

Brian Jaffee, a partner at Thoma Bravo, concludes: “Jeppesen ForeFlight is an incredibly special business, and we look forward to working closely with Brad and the entire leadership team to build on the company's strong foundation and support its growth as we expand the business both organically and through strategic M&A.”