Lowenstein Sandler represented Portside, a leading innovator in software solutions for business and government aviation in its acquisition of Takeflite, a leading provider of cloud-based solutions for commercial and cargo airlines. This strategic addition strengthens Portside's comprehensive suite of aviation software solutions.
Takeflite offers a full set of solutions for scheduled, cargo, charter, corporate and humanitarian operators to allow airlines to manage their complex and highly dynamic operations across all areas of the organization. The platform provides all necessary functions from pricing, internet bookings, charter quotes, and cargo, through to operations, dispatch, crew and aircraft management, along with financial management and comprehensive reporting and data analysis.
Portside's cloud-based suite of products is designed to support all aspects of flight operations, including scheduling and record keeping (Avianis, BART and PFM product lines), safety management (Baldwin), fleet and crew optimization (Portside Optimizer), data sharing, reporting and analytics (Portside Owner Portal / Budget & Planning Dashboard), crew recruiting (Staffing Marketplace), and trip planning (Portside Trip Assist). Portside supports over 1,000 customers in 40+ countries, including commercial and cargo airlines, operators of business aircraft and helicopters, medevac, industrial and government fleets, as well as fractional ownership programs.
The Lowenstein deal team included Brendan J. Koeth, Brian A. Silikovitz, Raquel Smith, Sara Uz, Dana Quinn, and Bryce Kelly.