AFV Partners has acquired UK-based RocketRoute, a leading global aviation services company that provides flight-planning, fuel, concierge and marketplace services through a platform that serves the commercial, business, air rescue and military aviation markets, from Alyssum Holdings.
Tony Aquila, founder, chairman and CEO of AFV Partners said, “As part of our global mobility platform, adding a leader in flight planning is a key cornerstone and expands our product capabilities globally and across all end markets. We will leverage APG and RocketRoute’s core offerings to create a seamlessly integrated weight and balance, runway analysis, flight-planning and services platform for the global aviation market. Bringing APG and RocketRoute together demonstrates our commitment to continuous innovation and furthers both companies’ visions by creating a global market leader.”
The addition of RocketRoute to the AFV Partners portfolio brings access to many new flight planning capabilities that will enhance APG’s newest app, iPreFlight Genesis, with particular focus on European routing and filing.
“The speed and precision in which the AFV Partners team has moved to accelerate and execute on the APG vision since acquiring the company just a few months ago is without precedent,” said Mike Caflisch, APG’s CEO. “Our customer-product roadmap will be greatly accelerated by working directly with the RocketRoute team who share our commitment to serving the global market with apps and services that enhance safety, security, and efficiency. Together with AFV Partners, we look forward to bringing deeper integration of our industry leading aircraft performance services to RocketRoute in the markets they serve, bringing together the best of both teams to positively impact our global customers.”
Terms of the transaction, which closed on March 11, 2020, were not disclosed.
