B2B Payments
September 20, 2019
CAMP Systems to Acquire ILS From Boeing
See how CAMP Systems’ acquisition of Inventory Locator Service (ILS) from Boeing expands its global aviation data, parts marketplace, and MRO software ecosystem.
Mergers and acquisitions in adjacent industries — aviation parts distribution, in this case — are worth watching for aerospace and MRO merchants, since consolidation among suppliers and distributors can reshape vendor relationships, pricing, and inventory availability across the sector. Below is the original announcement of one such acquisition.
Hearst’s, Camp Systems International parent company to Component Control Agrees to Acquire Inventory Locator Service (ILS) from the Boeing Company. The announcement was made by CAMP President and CEO Vibby Gottemukkala. Pending regulatory approval, ILS, headquartered in Memphis, Tennessee, will become part of CAMP. Terms of the transaction were not disclosed.https://www.hearst.com/newsroom/hearst-s-camp-systems-international-agrees-to-acquire-inventory-locator-service-ils-from-the-boeing-company
ILS has long operated as one of the aerospace industry's central marketplaces for locating aircraft parts inventory across distributors and MROs, so its move under CAMP Systems — already a major provider of maintenance tracking and compliance software — signaled a broader push toward consolidating the software and data layer that aerospace parts transactions run on. For MRO shops, parts distributors, and other aerospace merchants, these kinds of platform consolidations are worth tracking alongside payment processing, since the same trend toward fewer, larger vendors managing critical infrastructure applies to merchant services as well: a processor unfamiliar with aerospace-specific compliance and high-ticket transaction patterns can create as much friction as an unfamiliar parts marketplace.
CARDZ3N works with aerospace, MRO, and FAA-regulated merchants who need a processor that understands industry-specific compliance and transaction patterns. Learn more about our aerospace merchant services.
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