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TELEO CAPITAL COMPLETES GROWTH EQUITY INVESTMENT IN FLATIRONS SOLUTIONS

Boise, ID – (November 9th, 2021) TELEO Capital Management, LLC (“TELEO”) announced the acquisition of Flatirons Solutions, Inc. (“Flatirons” or the “Business”) from Presse Participations. Flatirons is the global leader in technical content management solutions for the aviation and aerospace industries. This investment marks TELEO’s second investment in aviation software and fifth corporate carve-out since 2019.

Based in Boulder, CO, Flatirons offers a critical SaaS solution for the global aerospace industry which helps improve the productivity of maintenance procedures, ensuring regulatory compliance. TELEO’s investment will support the continued innovation of Flatirons’ software, driving significant operational efficiencies for the aerospace industry.

“The aerospace market is rapidly changing in response to regulations and technological advances. Flatirons provides organizations with a necessary software platform to efficiently deliver technical content and track completion of maintenance, service and installations while ensuring compliance with industry standards,” stated TELEO Capital.

“I am thrilled with this new chapter in our company history. TELEO and Flatirons share common values, especially when it comes to caring about our customers and employees. This partnership allows us to expand our capacity to serve the market,” stated Flatirons CEO, Stéphane Labadie.

“We are impressed with Flatirons’ innovation to date, the high quality of their staff and their top-tier customer base. Given their twenty years of leadership in the industry, we know they will fit perfectly into our expanding aviation software portfolio,” added Matt Scholl, an Operating Partner at TELEO.

KippsDeSanto & Co. served as the exclusive financial advisor to Flatirons on the transaction.

About Flatirons Solutions

Flatirons Solutions is a provider of technical content management solutions that enable global aviation and defense customers to create, publish and streamline critical information. Flatirons’ proprietary software continuously improves technical and regulatory content to align with necessary maintenance procedures. Their solutions translate content into actionable tasks and jobs, tracking the process from start to finish. Flatirons is based in Boulder, CO with additional offices in India and Europe. For additional information, please visit www.flatironssolutions.com.

About TELEO Capital Management

TELEO Capital is a lower middle market private equity firm that looks to invest in opportunities where its strategic thought, operational resources and capital base empower management to perform and execute their business plan. TELEO brings a successful track record of executing corporate carve-outs, recapitalizing broken balance sheets, acquiring founder-owned companies, and implementing buy and build strategies for its portfolio companies. TELEO targets opportunities in the technology & software, healthcare IT, business services and industrial sectors. The firm is headquartered in Boise, ID with an additional office in Los Angeles, CA.

For additional information, please contact Matt Oehlmann at moehlmann@teleocapital.com or visit our website at www.teleocapital.com