• Sector: Technology
  • Location: Midlands
  • Date of investment: Apr-15
  • Exit date: Jun-16
  • GCP board members: Richard Shaw


Provides best in class paperless aviation records management and online aircraft transition services, through a proprietary software as a service platform
Enables its commercial airline and aviation leasing company customers to benefit from significant cost savings, process efficiencies and insight
Operations in the UK, India, Philippines and USA

Why we invested

Entrepreneurial, founder-led team with deep sector knowledge
Track record of strong profits and cash generation and a business at a point of inflexion
Potential to be market leader due to momentum with major airline customers, enhanced software functionality and breadth of application/service
High barriers to entry including proprietary technology, long term contracts, industry expertise in a complex market and a well-established, low cost outsourcing model
Positive market drivers and high levels of expected market growth, driven by adoption of digital records management systems, increasing passenger numbers, number of aircrafts and trend towards leasing.

How we are making a difference

Provided a flexible funding solution which allowed the founders to access funds and strategic input to support growth, whilst realising some value but retaining control of the business
Working with management to grow the senior team and international sales function
Providing access to a broad network of contacts, to further develop financial management, sales and marketing capabilities and strategic international growth plans
GCP worked alongside management to deliver a great strategic exit to Lufthansa Technik

GCP’s financial input and understanding of our strategy, together with their track record of supporting buy and build will help us to significantly accelerate our growth agenda. Their straightforward, partnership approach was a key factor in us choosing them as our first external investor and we’re delighted to be working with the team

Adrian Ryan Founder and CEO of FLYdocs Systems