Hearst has acquire Camp Systems International Inc., an aviation software-as-a-service company. Hearst purchased Camp from GTCR, a private equity company.
Camp is headquartered in New Hampshire, with an additional 12 offices around the globe. The company provides services for more than 19,000 aircraft, 30,000 engines and 1,300 maintenance facilities.
“Under CEO Ken Gray and president Vibby Gottemukkala, Camp has an impressive record of growth and long-term customers that include the world’s leading business aircraft manufacturers,” said Hearst president and CEO Steven Swartz, in an announcement. “I’m excited about our future together and welcome Ken, Vibby and their colleagues to Hearst.”