EQT-backed IFS to acquire aviation software company Mxi
Sweden's IFS has agreed to acquire Mxi Technologies Ltd, an Ottawa provider of maintenance software for the global aviation industry. No financial terms were released for the deal, which is expected to close in Q1 2017. IFS, an enterprise applications company, said the deal makes it "a world leading provider" of software solutions to defense and commercial aviation operators, maintenance, repair, and overhaul companies, and original equipment manufacturers. IFS was acquired by European private equity firm EQT in late 2015.
13 December 2016•4 mins read
