World Kinect Corporation has announced an agreement to sell its portfolio of aviation software products catering to Air Charter and FBO operations to CAMP System International Inc., which includes FBO One.
The closing of the transaction is subject to customary closing conditions, including regulatory approaches, and is expected to be completed in the next 60 days.
This acquisition will allow FBO One and CAMP Systems to further invest in building great software products and services for our customers and the business aviation industry and drive the evolution towards seamless workflows.
“We are excited to partner with the Avinode Group and FBO team. Both organizations have a strong track record of delivering innovative, market-leading products. This represents a complementary extension of our business and platform to bring exciting new opportunities to the market and better serve our expanding customer base.” said Sean Lanagan, President and Chief Executive Officer, CAMP Systems.
Oliver King, Chief Executive Officer of FBO One, added, “CAMP Systems International is a highly respected aviation software and marketplace provider. We are excited about the possibilities the partnership between our companies will bring to our customers. We thank World Kinect Corporation for the continuous support and our ongoing relationship.“
Our members and partners can expect uninterrupted service and support during this transition. FBO One will continue to operate as a stand-alone brand. FBO One employees and the Management team will continue in their current roles and positions.
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About Camp Systems International Inc
CAMP Systems International Inc. is the premier aircraft health management and enterprise information systems provider in business aviation and provides maintenance tracking services for nearly 20,000 aircraft and engine health monitoring for over 30,000 engines. Its software solutions support over 1,500 service center and maintenance, repair, and overhaul (MRO) organizations.