International legal practice Osborne Clarke has advised the shareholders of Vistair Limited ("Vistair") on its merger with Comply365, LLC ("Comply365"). The merger creates a leading global provider of compliance, safety and data intelligence technologies serving the aviation, defence and rail industries with over 120 customers located in over thirty countries on six continents.
In connection with the merger, Insight Partners, a global software investor, has joined Liberty Hall Capital Partners, a private equity firm focused exclusively on investments in businesses serving the global aerospace and defence industry and Comply365's current controlling shareholder, as an equal investor in the combined business. The investment will provide the combined company with the capital to accelerate product differentiation and new product development into cutting-edge, mission-critical products supporting aviation, defence and rail technologies.
Bristol-headquartered Vistair is one of the world's leading providers of Operational Content Management for aviation technical publications, safety and regulatory content. Comply365 is a leading provider of enterprise SaaS and mobile solutions for content management and document distribution in highly regulated industries, including aviation and rail.
The Osborne Clarke team advising the shareholders of Vistair was led by corporate partners James Taylor and Alisdair Livingstone who were supported by senior associates Jack Wellington and Hannah Stevens and associates Liz Foley and John Annan, partner Marc Shrimpling (competition and trade), partner Michael Carter, associates Will Cashman and Maryam Khalifa (incentives) and partner David Nisbet and associate director Jonny Squires (tax).
Osborne Clarke’s corporate team is considered a go-to practice for technology companies, supporting clients focussed on a diverse mix of verticals in jurisdictions around the globe, including across defence, security, aerospace, rail and all other forms of transport. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.