A firm named Boston Ventures announced this week that CAMP Systems International LLC has entered into a definitive agreement to be acquired by Warburg Pincus. The transaction, the terms of which were not disclosed, is subject to government approvals and is expected to close in early February 2005. CAMP, which was founded in 1967, is the leader in maintenance-tracking software for corporate aircraft. According to a press release, owners and operators of more than 3800 aircraft worldwide use CAMPs software. CAMP is the recommended factory-authorized maintenance-tracking service provider for all Bombardier and Dassault business aircraft. In addition, CAMP provides services for more than 130 makes and models of business aircraft. Through its AMSTAT subsidiary, CAMP also provides market information to aircraft brokers.
CAMP Systems To Be Acquired
Key Takeaways:
- CAMP Systems International LLC, a leading provider of maintenance-tracking software for corporate aircraft, is being acquired by Warburg Pincus.
- The acquisition, announced by Boston Ventures, is expected to close in early February 2005, though terms were not disclosed.
- CAMP's software is utilized by over 3800 aircraft worldwide, with factory authorization for major manufacturers like Bombardier and Dassault, and it also offers market information via its AMSTAT subsidiary.
See a mistake? Contact us.
