Comply365 Announces Acquisition of Beams
Accelerates AI strategy and development of an industry-first, AI-powered platform across operations, safety, and training management
The acquisition of Beams will enhance Comply365's product capabilities, strengthen its service offering and expand its global customer base. AI-driven innovations in operations, safety and training management are at the core of Comply365's unified platform vision and Beams Safety AI is highly complementary to Comply365's AI-first strategy. As an existing technology partner to ASQS, a Comply365 company and market leader in Safety, Risk and Compliance Management, Beams has already delivered its flagship safety AI solutions to ASQS customers in a fully integrated manner.
Henry Frankievich, Managing Director at Insight Partners, said: "The acquisition of Beams further reinforces Comply365's technology leadership and commitment to modernizing the mission-critical areas of operations, safety, and training management for the highly regulated industries of aviation, rail, defense and space—industries that need greater technology innovation and transformation. Beams' Safety AI solution will help bridge that technology gap and represents a major milestone in advancing Comply365's unified platform vision."
Legal advice to Comply365 was provided by Willkie Farr & Gallagher LLP. Beams shareholders were advised by GSK Stockmann.
About Comply365
Comply365 is a leading provider of Operational Content Management, Safety Management and Training Management in the highly regulated industries of aviation, defense, rail and space. Comply365 provides a powerful combination of expertise and products underpinned by unified best practices, empowering its customers to elevate operational excellence, transform safety management and training management, with closer integration of relevant data sets across domains. The Comply365 product portfolio ensures its customers' crews and assets are always geared for peak operational performance, unlocking financial and operational gains through more streamlined, robust and agile operations. Comply365 is the trusted technology partner of many of the most progressive aviation, defense, rail and space organizations worldwide. For more information, please visit comply365.com.
About Beams
Beams is a cutting-edge insights and artificial intelligence company that helps companies and governments automatically identify, assess, and monitor risks and hazards in critical business environments. The company's insight platform processes and analyzes millions of operational safety data at scale, employing AI and software to enable faster, more accurate decision-making at both the strategic and operational levels. Beams is incorporated in
About Insight Partners
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of
About Liberty Hall
Liberty Hall Capital Partners is a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry. Liberty Hall's principals have a 25-plus year history of working together and have led the investment of
CONTACT: Kathrina Gallogy, Director of Marketing, [email protected], +44 748 76 16 281
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SOURCE Comply365
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