TELEO Capital Management, a lower middle market private equity firm, has acquired Flatirons Solutions, a global provider of technical content management services for aviation and defense.
Flatirons has served global Fortune 1000 customers in the airline, aerospace and defense industries for over 20 years. The firm enables organizations to simply and efficiently deliver the right technical information, in the right format, to the right people at the right time.
“TELEO and Flatirons share common values, especially when it comes to caring about our customers and employees,” said Stéphane Labadie, Flatirons CEO. “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.”
“We looked at Flatirons’ innovation potential, execution, quality of staff and top-tier customers, as well as their accomplishments over the past three years,” added Matt Scholl, TELEO operating partner. “With their 20 years of leadership in the industry, we knew that they fit perfectly in our expanding aviation portfolio.”