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Spidertracks Completes Growth Equity Investment With Arcadea Group To Accelerate Global Growth

Apr 18, 2022•over 3 years ago
Toronto

Description

Spidertracks, the market leader in aircraft tracking, fleet management, and aviation safety solutions, announces the close of a significant growth equity recapitalization with Arcadea Group, the only permanent-capital growth equity investor in software companies globally.

Company Information

Company

Spidertracks

Location

Toronto, Ontario, Canada

About

Founded in 2007, Spidertracks is globally recognized as an industry leader, providing aircraft owners and operators fleet management, FDM/FOQA and aviation safety solutions. Delivering an integrated, end-to-end, software and hardware platform, their goal is making it simple for the operator, both from an install perspective and getting immediate access to usable and relevant flight data, resulting in increased safety, and operational efficiencies. Spidertracks continues to push the boundaries and lead the way towards safer practices and more efficient operations, by breaking down the barriers of traditional flight data recording, providing aviators with a new level of valuable insights.