Story ID: 
JSSI Acquires Fast-growing Aircraft Mx Tracker Traxxall
By: Jerry Siebenmark
Caption: JSSI's acquisition of Traxxall furthers its growth in maintenance tracking and as a software-as-a-service provider.
Word Count: 319
A little more than six months after acquiring maintenance tracking provider SierraTrax, Jet Support Services Inc. (JSSI) has taken on an even bigger purchase: Montreal-based Traxxall, a provider of aircraft maintenance tracking, parts inventory management, and cloud-based MRO workflow software services. “This business combination presents an exciting opportunity to deliver huge value to our customers and dramatically accelerate the growth trajectory for both companies,” said JSSI CEO Neil Book.
Established in 2013, Traxxall was named by the Financial Times in April as one of “America’s Fastest Growing Companies” for a second consecutive year, based on a four-year period of revenue growth. It operates five offices in the U.S., England, France, and the Philippines.
Traxxall staff will join JSSI’s software-as-a-service (SaaS) division, which includes SierraTrax and reports to JSSI COO Ash Reddy.
“We take great pride in our reputation in the business aviation market as a thought partner and maintenance advisor to a robust and diverse fleet of aircraft around the world,” said Reddy. “As we now combine Traxxall with JSSI’s core products and data, we are confident in our ongoing business mission to add tangible value for aircraft owners, operators, and maintenance facilities.”
Traxall president Mark Steinbeck said the acquisition allows Traxxall to further develop and enhance its products and capture a larger segment of the business aviation industry. “With direct access to JSSI’s data and capabilities, we will rapidly grow the maintenance tracking business alongside the SierraTrax brand and deliver advanced maintenance tracking solutions to a wider cross-section of the business aviation community,” he added.
The SaaS division builds upon JSSI’s other businesses, including JSSI Parts & Leasing, which provides aircraft parts, engines, and APUs to hundreds of business jet operators, and Conklin & de Decker, a provider of performance and comparison data for benchmarking and comparing aircraft ownership options.