“We are thrilled with this new chapter in our companies’ futures. TELEO and Flatirons share common values, especially when it comes to caring about our customers and employees. This partnership and investment expand our capacity to serve our airline, aerospace, and defense customers and reaffirms the success of the product restructuring and consolidation we have accomplished over the past two years,” said Flatirons Solutions CEO, Stéphane Labadie.
“Many new innovations will be enabled with this partnership, furthering our products’ leadership position in the airline, aerospace, and defense markets. By mid-2022, we will complete the launch of our new SaaS-based product suite as we work closely with two of the world’s largest airlines as inaugural customers of our fully cloud-based platform,” continued Labadie. The solution extends prior Flatirons content management functionality, providing the industry with access to a fully hosted solution for managing the digital publication and rendering of maintenance manuals, work cards, and other aviation technical documents for airframe, flight operations, and engine manuals vital to their success.
“We looked at Flatirons’ innovation potential, execution, quality of staff and top-tier customers, as well as their accomplishments over the past three years. With their 20 years of leadership in the industry, we knew that they fit perfectly in our expanding aviation portfolio,” said Matt Scholl, TELEO Operating Partner.Message from CEO Stéphane Labadiehere.
About Flatirons Solutions
Flatirons Solutions® (www.FlatironsSolutions.com) provides software and services solutions for technical content management. For more than 20 years, it has served global Fortune 1000 customers in the airline, aerospace, and defense industries. Its leading solutions enable organizations to simply and efficiently deliver the right technical information, in the right format, at the right time, to the right people—Turning Content into Knowledge®. Flatirons operates from offices in India, throughout Europe, and the United States and is headquartered in Boulder, CO.
About TELEO Capital Management
TELEO Capital Management (www.teleocapital.com) is a lower middle market private equity firm that looks to invest in opportunities where its strategic thought, operational resources, and capital base empower management to perform and execute their business plan. TELEO brings a successful track record of executing corporate carve-outs, recapitalizing broken balance sheets, acquiring founder-owned companies, as well as buy and build strategies for our portfolio companies. TELEO targets opportunities in the technology and software, healthcare IT, business services, and industrial sectors. TELEO is headquartered in Boise, Idaho.