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Comply365, a provider of operational content, safety and training management solutions for the aviation, rail, defense and space industries, has acquired Rolls-Royce’s SMS business, a global provider of safety and compliance management systems (SMS). The acquisition of Rolls-Royce’s SMS business follows the recently announced but pending acquisition of ASQS. As part of the change in ownership, the Rolls-Royce SMS solution will revert to its former name – AQD. Comply365 is a portfolio company of Insight Partners and Liberty Hall Capital Partners (Liberty Hall).
This acquisition of AQD will further strengthen Comply365’s product capabilities and service offering in safety management and add a significant number of aviation customers to its global customer base.
The AQD team will bring deep industry knowledge and an SMS offering to complement Comply365’s existing SMS product, SafetyNet and ASQS’s SMS product, iQSMS.
Ilia Kostov, CEO of Comply365, said: “We are delighted to add the expertise and extensive aviation experience of the AQD team, which further bolsters Comply365’s offering in the safety management space. The acquisition of AQD, along with our recently announced acquisition of ASQS, reinforces our commitment to driving investment and innovation in safety management. These acquisitions strengthen our vision for creating a best-in-class, integrated offering that connects the essential functions of operational content management, safety management and training management.”