JetNet has acquired Asset Insight as a part of its continuous expansion plan. This is the first of what the company anticipates will be several future acquisitions as JetNet expands its data-driven product offerings for the aviation industry and leverages a recent majority investment led by Silversmith Capital Partners.
JetNet believes that the two companies together will deliver best-in-class products that provide customers with up-to-date, easy-to-understand, actionable information they require for making business decisions.
JetNet CEO Greg Fell said: “We’ve had the opportunity to work with Asset Insight as a partner over the course of many years and know how strategic the company’s valuation and cost-of-ownership products are to our customer base. Tony Kioussis is a highly-respected and talented expert in the aviation industry who we are excited to have join the JETNET team as we expand our product offerings and global footprint.”
Tony Kioussis, President & CEO of Asset Insight said: “Asset Insight and JetNet share a vision to simplify and improve the overall aircraft ownership experience for customers. Decision-makers in the aviation industry use JetNet's data and market intelligence as an essential part of their daily operations. We look forward to joining the JetNet team to help bolster its product offerings and provide even more value to our shared customer base.”
JetNet claims to offer the most comprehensive, accurate, and reliable database of business and commercial aviation information to its global customer base as it works directly with operators, owners, and manufacturers.