APiJET, LLC (APiJET) is an innovator of low-cost, scalable data analytics solutions for aircraft operators. The Company’s Software-as-a-Service (“SaaS”) based Digital WingletsTM operate similar to the Waze-app but for commercial pilots, processing multiple real-time data feeds, including traffic, resulting in more efficient flight trajectories saving fuel and time.
In search of a partner to help drive future growth of the business, the owners of APiJET engaged RA Capital to explore strategic alternatives on the best path to realize their desired outcome. Despite unprecedented circumstances in the aviation industry in 2020, RA Capital led a targeted and highly confidential process that resulted in Indigo Partner’s investment into APiJET.
The transaction provides APiJET with fresh capital to drive future growth and a partner with deep industry expertise in Indigo Partners to help execute on a joint vision.
- Industry: Aviation Software
- Deal Type: M&A – Sell-side, Financing
- Location: Seattle, WA