TELEO Capital Management announced that its portfolio company Flatirons Solutions has acquired Scope AR.
Flatirons provides a technical content and task management platform used by aerospace, aviation, MRO, and defense organizations to create, manage, and deliver complex procedures. Scope AR provides intelligent visual work instructions and remote expert technology for frontline workers.
The combination brings together two complementary platforms into a single industrial AI offering focused on technical work, guided execution, and frontline operations.
TELEO said the acquisition helps close the gap between how procedures are written and how they are executed in the field. The combined platform is designed to reduce operational risk, improve technician guidance, and create a self-improving intelligence loop across technical workflows.
Flatirons’ platform manages the technical content lifecycle for organizations that need accurate, accessible, and audit-ready airworthiness data. Scope AR adds capabilities for visual work instructions, skilled-labor training, remote assistance, automated documentation, and integration with the digital thread.
Scope AR will operate under the Flatirons Solutions brand. The combined company will be headquartered in Boulder, Colorado, with teams across the United States, Canada, Europe, and India.
Flatirons serves customers including Delta Air Lines, American Airlines, Boeing, Airbus, Rolls-Royce, Safran, and Pratt & Whitney. Scope AR’s customers include Lockheed Martin, Northrop Grumman, Rolls-Royce, Mitsubishi Heavy Industries, Honeywell, Oshkosh, and General Dynamics.
TELEO Capital Management is a private equity firm focused on investments where its strategic insight, operational resources, and capital base can help management teams execute growth plans. The firm has experience with corporate carve-outs, recapitalizations, founder-owned company acquisitions, and buy-and-build strategies.
KEY QUOTES:
“Flatirons and Scope are natural partners. Together they close the long-standing gap between how a procedure is written and how it actually gets done in the field, reducing operational risk and building a self-improving intelligence loop. We’re excited to welcome the Scope team and accelerate our shared mission to modernize technical work across some of the world’s most demanding industries.”
TELEO Capital
“This is the moment when approved procedures and intelligent, guided execution finally converge on a single platform. We are bringing a modern, AI-powered user experience to our customer base, one that not only tells technicians what to do but also shows them exactly how to do it, learns from every execution, and continuously improves. We are building something neither company could achieve alone.”
Vincent Fauveau, CEO of Flatirons
“Scope has always excelled at delivering the right information to technicians at the right moment. But keeping that information current and authoritative has been a persistent industry challenge. Flatirons fills that gap. For our customers, this combination eliminates fragmented workflows, manual handoffs, and version confusion in one integrated platform, giving them an AI-enabled partner built to scale with them.”
Scott Montgomerie, CEO of Scope AR
