Jet Support Services, Inc., an independent provider of maintenance support and financial services to the aviation industry, has acquired Traxxall. GTCR, a private equity firm is a majority investor in JSSI.
Traxxall is a provider of SaaS services for aircraft maintenance tracking, parts inventory, and cloud-based software for aircraft maintenance, repair and overhaul workflow. The firm’s services specifically help customer reduce aircraft downtime, improve data accuracy and have comprehensive visibility over MRO operations.
“JSSI and TRAXXALL have a shared history of challenging the status quo and putting customers first,” said Neil Book, CEO of JSSI. “This business combination presents an exciting opportunity to deliver huge value to our customers and dramatically accelerate the growth trajectory for both companies.”
We take great pride in our reputation in the business aviation market as a thought partner and maintenance advisor to a robust and diverse fleet of aircraft around the world,” said Ash Reddy, COO at JSSI. “As we now combine TRAXXALL with JSSI’s core products and data, we are confident in our ongoing business mission to add tangible value for aircraft owners, operators, and maintenance facilities.”