James Cowper Kreston has advised independent private equity company Growth Capital Partners LLP on its investment in FLYdocs Systems Limited.
The investment provides FLYdocs with development capital funding and strategic support to facilitate further international growth. James Cowper Kreston’s Corporate Finance team provided lead advisory services to Growth Capital Partners.
FLYdocs is a technology company whose software as a service platform provides best in class paperless aviation records management and online aircraft transition services to commercial airlines, aircraft lessors and other aviation industry participants worldwide. Based in Tamworth, Staffordshire, FLYdocs has additional offices and operations in the US, India, the Philippines, Hong Kong and China.
Richard Shaw, Investment Director at Growth Capital Partners, says: “With its focus on market leading software functionality and in-house aviation engineering expertise, FLYdocs clearly has huge potential for further expansion and we are excited to be backing the management team in the next stage of growth. The team at James Cowper Kreston provided valuable support in improving our financial understanding and analysis of the business and completing the deal. We enjoyed working with the team and their input was much appreciated.”
Stewart Lambert, Partner, James Cowper Kreston adds: “FLYdocs is a successful business with huge growth potential. With the investment from Growth Capital Partners, it is excellently placed to capitalise on its current market position and drive further international growth.”
