Founded in 2016 and headquartered in Boone, North Carolina, AvSight, is a leading provider of cloud-based, full-suite ERP and operations management software to MRO, Parts, and Leasing businesses within the aviation software market. The Company provides the only truly cloud-native product in the market, providing end-to-end business management software for customers with 5 to 2,000+ employees in North America, Europe, the Middle East, Australia, New Zealand, and South America.
The Company will use the growth equity investment to accelerate its product roadmap while bolstering services, delivery, and customer service, all in support of the Company’s tremendous growth.
Scott Loescher, AvSight’s founder and CEO stated, “For a long time, the aviation aftermarket space has been dominated by legacy technology solutions. More and more, we’re seeing that forward thinking customers are tired of being held back by their software and are ready to embrace the modern digital solutions that AvSight offers. We’re excited about the opportunities for continued growth and product enhancements that this partnership will open up for us and the benefits it will bring to our customers,” said Loescher. He went on to mention, “Partnering with Arcadea was the obvious choice due to their deep software expertise in areas of product expansion and operational scaling, in addition to their existing presence in the aviation SaaS market.”
Nick Cipiti, Director at CriticalPoint, added “We are excited about the terrific opportunity ahead for AvSight in their new partnership with Arcadea. Scott and the team have built an exciting product that is positioned to become the industry leader in the aviation ERP marketplace.”
As part of the transaction, one of AvSight’s investors and strategic advisors, Anacostia Ventures, was able to realize their investment in the Company after helping spur a period of significant growth following their initial investment in 2021. To learn more about AvSight, please visit https://avsight.net/.
CriticalPoint served as the exclusive financial advisor to AvSight in connection with the transaction. The transaction, led by Nick Cipiti on behalf of CriticalPoint, demonstrates the firm’s expertise in middle market transactions and commitment to act as a trusted advisor with proven abilities to deliver for its clients.
If you would like more information about CriticalPoint or have questions regarding this transaction, please contact Nick Cipiti.
Nick Cipiti
Managing Director
Direct: (310) 488-5042
[email protected]
About CriticalPoint
Headquartered in Los Angeles, CriticalPoint is a leading full-service financial M&A firm that uniquely combines the best of investment banking, private capital, and valuation service offerings. CriticalPoint executes, sources, and invests in deals across a wide variety of industries for the traditionally underserved middle market. Since our founding in 2012, our mission has been to serve the needs of owners, entrepreneurs, management teams, and stakeholders with our experience, knowledge, and expert judgment, to help them realize their companies’ greatest potential. From our deep-rooted foundation in private equity and investment banking, and our devotion to deal origination and business development, combined with being entrepreneurs at heart, we believe we are differentiated and well positioned to help companies wherever they are in their life cycle.
