Comply365, a global leader in operational content, safety, and training management for the aviation, rail, defense, and space industries, has acquired Beams Technology, a provider of AI solutions for safety risk management in aviation. Beams has developed a Safety AI solution that automates safety data processing and enables proactive risk management.
This acquisition accelerates Comply365’s AI strategy and supports the development of an industry-first AI platform that integrates operations, safety, and training management for its 450+ global clients.
Backed by Insight Partners and Liberty Hall Capital Partners, Comply365 aims to enhance its product capabilities and expand its customer base. Beams’ technology aligns with Comply365’s AI-first vision and complements its partnership with ASQS, where Beams has already delivered integrated safety AI solutions.
Support: Legal advice to Comply365 was provided by Willkie Farr & Gallagher. GSK Stockmann advised Beams’ shareholders.
KEY QUOTES:
“As an AI-first company, we are embedding AI at the core of our unified platform, enabling significantly smarter and safer operations alongside faster innovation. The acquisition of Beams will further strengthen Comply365’s AI capabilities and accelerate our AI strategy of delivering AI solutions across safety, training and compliance that will unlock significant efficiencies for our customers.”
Ilia Kostov, CEO of Comply365
“Beams has become a world leader in providing AI solutions for aviation safety teams, bringing advanced intelligence to safety and risk data analysis. Joining the Comply365 family opens exciting opportunities for Beams to expand into new areas such as compliance and training management, allowing us to deliver even greater value to the combined company’s customer base.”
Alan Sternberg, CEO of Beams
“The acquisition of Beams further reinforces Comply365’s technology leadership and commitment to modernizing the mission-critical areas of operations, safety, and training management for the highly regulated industries of aviation, rail, defense and space—industries that need greater technology innovation and transformation. Beams’ Safety AI solution will help bridge that technology gap and represents a major milestone in advancing Comply365’s unified platform vision.”
Henry Frankievich, Managing Director at Insight Partners
“Over the past 15-plus years, Comply365 has provided innovative and transformative software solutions to the aviation, rail and defense industries. We strongly believe AI provides the next opportunity for operators to realize more efficient and safer operations, and this acquisition demonstrates our willingness to invest in bringing industry and technology leaders together to realize that opportunity.”
James Black, Partner at Liberty Hall Capital Partners
