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  6. STAR Acquires Solutions Isoneo

M&A Deal Summary

STAR Acquires Solutions Isoneo

On January 16, 2019, STAR acquired software company Solutions Isoneo

Acquisition Highlights
  • This is STAR’s 1st transaction in the Software sector.
  • This is STAR’s 1st transaction in Canada.
  • This is STAR’s 1st transaction in Quebec.

M&A Deal Summary
Date 2019-01-16
Target Solutions Isoneo
Sector Software
Buyer(s) STAR
Deal Type Add-on Acquisition

Target

Solutions Isoneo

Montreal, Quebec, Canada
Solutions Isoneo, Inc. is a specialized software subsidiary developing complex solutions in engineering, simulation, and development for Canadian customers.

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Buyer(S) 1

Buyer

STAR

Brampton, Ontario, Canada
Category Company
Founded 2000
Sector Aerospace
Revenue 1M CAD (2015)
DESCRIPTION

STAR develops, markets, and promotes in-flight safety monitoring systems (ISMS) worldwide. The company owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS, the heart of the STAR-A.D.S. System. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator. STAR was founded in 2000 and is based in Brampton, Ontario.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Quebec M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1
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