ADB Safegate has signed an agreement to acquire UK-based airport IT systems and data analytics solutions provider Ultra Airport Systems (AS) for around $22m.
Set to strengthen ADB Safegate’s expertise, the deal will speed-up its transformation into a total airport management (TAM) solution provider.
Furthermore, the acquisition will boost ADB Safegate airport systems and data analytics capabilities and enable airports to deploy emerging digital technologies for enhanced operational efficiency.
The company will use Ultra AS’s technologies and further develop solutions related to operational performance, flight information displays, billing, baggage management, and situational awareness.
ADB Safegate will also leverage Ultra AS’s software and services sales skills to sell its airport performance capabilities to new customers.
ADB Safegate CEO Christian Onselaere said: “As well as combining Ultra AS’s airport systems expertise and experience with ADB Safegate’s airport performance approach, we have set up a dedicated new TAM business unit to develop advanced analytics solutions. We have a real opportunity to become a leader in this exciting field.”
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The existing offices of Ultra AS in the UK, France, South Africa, US, and China will join ADB Safegate’s 35 offices worldwide.
Ultra AS managing director Sébastien Jodeau said: “About 150 airports and 100 airlines currently use Ultra AS software. We are confident these numbers will rise as ADB Safegate, which works with more than 2,500 airports in 175 countries, helps the team extend its global reach.
“Through this transaction, we will join a large, aviation-focused group with strong financial backing creating many new opportunities to support our customers worldwide.”
Pending satisfaction of all closing conditions, the transaction is scheduled to conclude by 31 January 2019.