Latest news with #Brazos
Associated Press
02-07-2025
- Business
- Associated Press
Altaline Announces Strategic Growth Investment in Brazos Safety Systems
LOS ANGELES & FORT WORTH, Texas--(BUSINESS WIRE)--Jul 2, 2025-- Altaline Capital Management, LLC ('Altaline' or the 'Firm'), a newly launched Los Angeles-based private equity firm focused on partnering with lower-middle market companies in the technology, business services, and financial services sectors, today announced a strategic growth investment in Brazos Safety Systems, LLC ('Brazos' or the 'Company'), a leading provider of flight safety technology and analytics solutions for the global aviation industry. This press release features multimedia. View the full release here: The Brazos Safety Systems team. Founded in 2015 and headquartered in Fort Worth, Texas, Brazos Safety Systems (formerly Truth Data Insights) delivers state-of-the-art Flight Data Monitoring (FDM) and Flight Operations Quality Assurance (FOQA) analytics to a diverse range of rotorcraft and fixed-wing operators worldwide. Brazos serves critical sectors including emergency medical services, oil and gas, executive transport, logistics, and law enforcement, supporting more than 300 aircraft and analyzing data from over 200,000 flights. 'Brazos Safety Systems has established itself as a trusted partner to aviation operators by delivering innovative, data-driven solutions that enhance flight safety and operational efficiency,' said Brian Maher, Principal at Altaline. 'We are excited to support Brazos in its next phase of growth as the company expands its technology platform and broadens its impact across the aviation industry.' Brazos Safety Systems is recognized for its highly configurable technology, enabling operators to implement customized FDM and FOQA programs that meet rigorous regulatory and operational requirements while powering improved flight safety. The company's team of avionics experts, software developers, and flight data analysts is dedicated to providing actionable insights and tailored support to its clients. 'This partnership with Altaline marks a significant milestone for Brazos,' said Peter Henrikson, President of Brazos Safety Systems. 'With Altaline's support and strategic guidance, we are well-positioned to accelerate innovation, enhance our solutions, and deliver even greater value to our customers as we continue our mission to improve flight safety worldwide.' 'Brazos has all of the attributes we look for at Altaline, including a data-rich and mission-critical solution, strong client momentum, a leading position in its market segment of focus and strong customer loyalty and satisfaction,' added Rafael Telahun, Managing Director at Altaline. 'We look forward to collaborating with the Brazos team to expand on the Company's mission to leverage technology to improve flight safety globally.' Baker & Hostetler LLP, Elliott Davis LLC and Payne Enterprises LLC acted as legal, financial and commercial advisors to Altaline, respectively. AvStrategies LLC served as exclusive financial advisor while Cole Bryan PC served as legal advisor to Brazos. About Altaline Altaline is a Los Angeles-based private equity firm focused on buyouts and growth investments in lower middle-market companies across the technology, financial services, and business services sectors in the U.S. and Canada. Founded by former executives from TA Associates, H.I.G. Capital and KKR, the firm combines deep-sector expertise with an operationally oriented approach to support transformational growth and value creation. Learn more about Altaline at About Brazos Safety Systems Brazos Safety Systems, based in Fort Worth, Texas, is a leader in aviation safety technology, specializing in data-driven insights and analytics that enhance flight safety. The Company provides market leading Flight Data Monitoring (FDM) and Flight Operations Quality Assurance (FOQA) solutions for rotorcraft and fixed-wing operators worldwide. Learn more about Brazos at View source version on CONTACT: Media Contacts: Altaline Dylan McElligott [email protected] Safety Systems Kendall Sellers [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA TEXAS INDUSTRY KEYWORD: DATA MANAGEMENT TECHNOLOGY RESEARCH AEROSPACE DATA ANALYTICS MANUFACTURING OTHER TRAVEL TRAVEL PUBLIC RELATIONS/INVESTOR RELATIONS FINANCE COMMUNICATIONS BANKING SATELLITE AIR TRANSPORT PROFESSIONAL SERVICES ASSET MANAGEMENT OTHER TECHNOLOGY SOFTWARE SCIENCE SOURCE: Altaline Capital Management, LLC Copyright Business Wire 2025. PUB: 07/02/2025 12:06 PM/DISC: 07/02/2025 12:06 PM
Business Wire
02-07-2025
- Business
- Business Wire
Altaline Announces Strategic Growth Investment in Brazos Safety Systems
LOS ANGELES & FORT WORTH, Texas--(BUSINESS WIRE)--Altaline Capital Management, LLC ('Altaline' or the 'Firm'), a newly launched Los Angeles-based private equity firm focused on partnering with lower-middle market companies in the technology, business services, and financial services sectors, today announced a strategic growth investment in Brazos Safety Systems, LLC ('Brazos' or the 'Company'), a leading provider of flight safety technology and analytics solutions for the global aviation industry. 'Brazos has all of the attributes we look for at Altaline, including a data-rich and mission-critical solution, strong client momentum, a leading position in its market segment of focus and strong customer loyalty and satisfaction.' Share Founded in 2015 and headquartered in Fort Worth, Texas, Brazos Safety Systems (formerly Truth Data Insights) delivers state-of-the-art Flight Data Monitoring (FDM) and Flight Operations Quality Assurance (FOQA) analytics to a diverse range of rotorcraft and fixed-wing operators worldwide. Brazos serves critical sectors including emergency medical services, oil and gas, executive transport, logistics, and law enforcement, supporting more than 300 aircraft and analyzing data from over 200,000 flights. 'Brazos Safety Systems has established itself as a trusted partner to aviation operators by delivering innovative, data-driven solutions that enhance flight safety and operational efficiency,' said Brian Maher, Principal at Altaline. 'We are excited to support Brazos in its next phase of growth as the company expands its technology platform and broadens its impact across the aviation industry.' Brazos Safety Systems is recognized for its highly configurable technology, enabling operators to implement customized FDM and FOQA programs that meet rigorous regulatory and operational requirements while powering improved flight safety. The company's team of avionics experts, software developers, and flight data analysts is dedicated to providing actionable insights and tailored support to its clients. 'This partnership with Altaline marks a significant milestone for Brazos,' said Peter Henrikson, President of Brazos Safety Systems. 'With Altaline's support and strategic guidance, we are well-positioned to accelerate innovation, enhance our solutions, and deliver even greater value to our customers as we continue our mission to improve flight safety worldwide.' 'Brazos has all of the attributes we look for at Altaline, including a data-rich and mission-critical solution, strong client momentum, a leading position in its market segment of focus and strong customer loyalty and satisfaction,' added Rafael Telahun, Managing Director at Altaline. 'We look forward to collaborating with the Brazos team to expand on the Company's mission to leverage technology to improve flight safety globally.' Baker & Hostetler LLP, Elliott Davis LLC and Payne Enterprises LLC acted as legal, financial and commercial advisors to Altaline, respectively. AvStrategies LLC served as exclusive financial advisor while Cole Bryan PC served as legal advisor to Brazos. About Altaline Altaline is a Los Angeles-based private equity firm focused on buyouts and growth investments in lower middle-market companies across the technology, financial services, and business services sectors in the U.S. and Canada. Founded by former executives from TA Associates, H.I.G. Capital and KKR, the firm combines deep-sector expertise with an operationally oriented approach to support transformational growth and value creation. Learn more about Altaline at About Brazos Safety Systems Brazos Safety Systems, based in Fort Worth, Texas, is a leader in aviation safety technology, specializing in data-driven insights and analytics that enhance flight safety. The Company provides market leading Flight Data Monitoring (FDM) and Flight Operations Quality Assurance (FOQA) solutions for rotorcraft and fixed-wing operators worldwide. Learn more about Brazos at
Business Wire
02-07-2025
- Business
- Business Wire
Brazos Safety Systems Announces Strategic Growth Investment from Altaline
LOS ANGELES & FORT WORTH, Texas--(BUSINESS WIRE)--Altaline Capital Management, LLC (' Altaline ' or the ' Firm '), a newly launched Los Angeles-based private equity firm focused on partnering with lower-middle market companies in the technology, business services, and financial services sectors, today announced a strategic growth investment in Brazos Safety Systems, LLC (' Brazos ' or the ' Company '), a leading provider of flight safety technology and analytics solutions for the global aviation industry. 'With Altaline's support and strategic guidance, we are well-positioned to accelerate innovation, enhance our solutions, and deliver even greater value to our customers as we continue our mission to improve flight safety worldwide.' Founded in 2015 and headquartered in Fort Worth, Texas, Brazos Safety Systems (formerly Truth Data Insights) delivers state-of-the-art Flight Data Monitoring (FDM) and Flight Operations Quality Assurance (FOQA) analytics to a diverse range of rotorcraft and fixed-wing operators worldwide. Brazos serves critical sectors including emergency medical services, oil and gas, executive transport, logistics, and law enforcement, supporting more than 300 aircraft and analyzing data from over 200,000 flights. 'Brazos Safety Systems has established itself as a trusted partner to aviation operators by delivering innovative, data-driven solutions that enhance flight safety and operational efficiency,' said Brian Maher, Principal at Altaline. 'We are excited to support Brazos in its next phase of growth as the company expands its technology platform and broadens its impact across the aviation industry.' Brazos Safety Systems is recognized for its highly configurable technology and exceptional analytics services which enable operators to implement customized FDM and FOQA programs that meet rigorous regulatory and operational requirements while powering improved flight safety. The company's team of avionics experts, software developers, and flight data analysts is dedicated to providing actionable insights and tailored support to its clients. 'This partnership with Altaline marks a significant milestone for Brazos,' said Peter Henrikson, President of Brazos Safety Systems. 'With Altaline's support and strategic guidance, we are well-positioned to accelerate innovation, enhance our solutions, and deliver even greater value to our customers as we continue our mission to improve flight safety worldwide.' 'Brazos has all of the attributes we look for at Altaline, including a data-rich and mission-critical solution, strong client momentum, a leading position in its market segment of focus and strong customer loyalty and satisfaction,' added Rafael Telahun, Managing Director at Altaline. 'We look forward to collaborating with the Brazos team to expand on the Company's mission to leverage technology to improve flight safety globally.' BakerHostetler, Elliott Davis LLC and Payne Enterprises LLC acted as legal, financial and commercial advisors to Altaline, respectively. AvStrategies LLC served as exclusive financial advisor while Cole Bryan PC served as legal advisor to Brazos. About Altaline Altaline is a Los Angeles-based private equity firm focused on buyouts and growth investments in lower middle-market companies across the technology, business services and financial services sectors in the U.S. and Canada. Founded by former professionals from TA Associates, H.I.G. Capital and KKR, the firm combines deep-sector expertise with an operationally oriented approach to support transformational growth and value creation. Learn more about Altaline at About Brazos Safety Systems Brazos Safety Systems, based in Fort Worth, Texas, is a leader in aviation safety technology and analytics, specializing in data-driven insights and analytics that enhance flight safety. The Company provides market leading Flight Data Monitoring (FDM) and Flight Operations Quality Assurance (FOQA) solutions for rotorcraft and fixed-wing operators worldwide. Learn more about Brazos at
Yahoo
13-05-2025
- Business
- Yahoo
Revau expands with addition of two Texas MGAs
Revau has expanded with a deal to merge Texas-based managing general agents (MGAs) Brazos Specialty Risk Insurance and Twenty Mile Insurance Services into its network. Financial terms of the cash and equity deal remain undisclosed. The integration is said to enhance Revau's foothold in the specialty insurance sector in North America. This marks the insurer's eighth transaction and the largest since its partnership with investment firm Novacap in 2020. Brazos is a provider of specialty trucking insurance, while Twenty Mile offers liability solutions for the construction industry. Revau's contribution includes its data-analytics capabilities, capital base and digital infrastructure, which are anticipated to streamline product and service delivery. By leveraging the underwriting expertise of Brazos and Twenty Mile with Revau's analytics platform, the combined group aims to establish an 'end-to-end' data capability. This platform will enable the identification of patterns in risk, customer behaviour and market trends to facilitate decision-making. Revau said that the leadership of the acquired entities, including Brazos president Tom Spitalny and Christopher Polk, Twenty Mile president and the CEO of both companies, will remain with the combined group. They, along with their teams, are already engaged in integration efforts across various business functions including underwriting, claims handling and technology. The leadership teams from Brazos and Twenty Mile have become shareholders in Revau. Revau secured legal counsel from Fasken Martineau DuMoulin and Willkie Farr & Gallagher, with Howden Capital Markets & Advisory serving as the financial advisor to Brazos and Twenty Mile. Covington Burling offered legal advice to Brazos and Twenty Mile. Revau president and CEO Jean-François Raymond said: "This is an incredible milestone for Revau, marking our evolution from a small regional MGA with ambitious goals to an industry leader expanding beyond Canada. 'We are thrilled to collaborate with such an experienced and talented group, building a strong partnership model that delivers value for all stakeholders and sets the stage for future success." In 2023, Revau purchased the surety division from Canadian operator Echelon Insurance. "Revau expands with addition of two Texas MGAs " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
Revau Advanced Underwriting, Brazos Specialty Risk Insurance, and Twenty Mile Insurance Services Join Forces, Enabling Strategic Expansion Across North America
Transformational merger broadens Revau's footprint into the United States, adds market-leading trucking and construction capabilities, and positions the combined group for accelerated growth MONTREAL, May 12, 2025 (GLOBE NEWSWIRE) -- Revau, a leading Canadian managing general agent (MGA) specializing in property and casualty insurance, today announces its strategic partnership with Brazos Specialty Risk Insurance ('Brazos') and Twenty Mile Insurance Services ('Twenty Mile'), two independent, Texas-based MGAs. The transaction significantly expands Revau's presence and operational capabilities in the United States, firmly positioning the combined company as a pre-eminent player in the specialty-insurance market across North America. Brazos, a distinguished provider of specialty trucking insurance, and Twenty Mile, a specialist in construction-focused liability solutions, bring extensive market reach and deep industry expertise to Revau's growing platform. In return, Revau contributes advanced data-analytics capabilities, a robust capital base, and an industry leading digital infrastructure—giving the combined group the capacity to deliver tailored products and services to brokers, carriers, and insureds across the continent. By pairing Brazos and Twenty Mile's data-rich underwriting infrastructure with Revau's advanced analytics platform, the combined group will command an end-to-end data capability—from acquisition and management to predictive modelling—that will: Uncover deeper insights: identify hidden patterns in risk, customer, and market data. Enable faster decisions: arm underwriters and leaders with real-time, data-driven intelligence. Fuel innovation: surface opportunities for new products, services, and business models. Boost efficiency: optimize processes, reduce cost, and improve productivity across the enterprise. This transformational combination propels Revau from a domestic specialist to a North American platform, expanding its addressable market, adding two high-performing underwriting teams, and unlocking powerful data and distribution synergies. By uniting complementary cultures and capabilities, the group is poised to accelerate product innovation, deliver superior outcomes for carriers and brokers, and create new career opportunities for its growing roster of insurance professionals. "This is an incredible milestone for Revau, marking our evolution from a small regional MGA with ambitious goals to an industry leader expanding beyond Canada," stated Jean-François Raymond, President and CEO of Revau. "We have always believed our growth strategy extends globally, and today's achievement demonstrates our commitment to teaming up with the right partners. We are thrilled to collaborate with such an experienced and talented group, building a strong partnership model that delivers value for all stakeholders and sets the stage for future success." Revau is pleased to confirm that Tom Spitalny, President of Brazos, and Christopher Polk, President of Twenty Mile and CEO of both entities, together with their teams, will remain integral to the combined company. Working shoulder to shoulder with Revau's leadership, they have already launched integration workstreams spanning underwriting, claims, technology, and culture ensuring a seamless continuation of the outstanding service and deep market knowledge for which Brazos and Twenty Mile are known. As part of the cash-and-equity structure, the leadership teams of Brazos and Twenty Mile become meaningful shareholders in Revau, fully aligning long-term interests. "This merger represents a significant step forward in our commitment to helping our businesses harness the full potential of their data," said Chris Polk and Tom Spitalny. 'By joining forces with Revau, we are creating a unique entity with the scale and expertise to tackle even the most complex data challenges and deliver the best possible results for our trading partners." The alignment leverages the complementary strengths and distinctive market positions of the three companies, significantly augmenting Revau's operational depth and expanding its capacity to deliver specialized solutions across diverse insurance sectors. The integration is expected to drive innovation and provide an enhanced value proposition for brokers and policyholders alike. This marks Revau's 8th strategic transaction—and its largest and most transformational since partnering with Novacap in 2020. These initiatives reinforce Revau's commitment to expanding specialized- insurance capabilities and cementing its leadership position in the North American market. Today's announcement is a defining milestone in the firm's strategy to build a continental leader in specialty insurance. Fasken Martineau DuMoulin LLP and Willkie Farr & Gallagher LLP acted as lead external legal counsels to Revau. Howden Capital Markets & Advisory acted as exclusive financial advisor to Brazos and Twenty Mile, and Covington Burling LLP served as legal counsel to Brazos and Twenty Mile. About Revau Revau Advanced Underwriting Inc. is a leading Canadian Managing General Agent (MGA) specializing in property and casualty insurance. With a strong presence across Canada, Revau delivers tailored insurance solutions for specialized risks through its national network of brokers. Headquartered in Quebec, with offices and teams located in Quebec, Ontario, the Maritimes, Manitoba, Alberta and British Columbia, Revau combines deep industry expertise with a cutting-edge digital platform to simplify the commercial insurance process and deliver exceptional value to brokers and their clients. For more information, please visit About Brazos Specialty Risk Insurance Brazos Specialty Risk, Inc. is a provider of tailored commercial insurance solutions across the United States. With deep expertise in sectors such as transportation, construction, and energy, Brazos partners with independent agents and brokers to deliver comprehensive coverage through a wide network of respected insurance carriers. Their client base includes insurance professionals seeking access to both admitted and non-admitted markets for complex risks. Brazos is committed to helping clients protect their businesses while supporting growth and retention through responsive, knowledgeable, and relationship-focused service. For more information, please visit About Twenty Mile Insurance Services, Inc. Twenty Mile Insurance Services is a trusted program manager specializing in primary commercial general liability insurance across the United States. With a focus on commercial and residential contractors, Twenty Mile partners with a select network of surplus lines brokers to deliver tailored insurance solutions. Their commitment to thorough risk assessment and price adequacy ensures clients receive coverage that aligns with their operational needs. By offering flexible underwriting, access to A-rated carriers, and broad coverage forms, Twenty Mile supports the growth and stability of businesses within the construction industry through attentive and efficient service. For more information, please visit About Novacap Novacap is a leading North American private equity investor and one of Canada's most experienced private equity firms. Founded in 1981 to partner with visionary entrepreneurs, Novacap focuses on middle market and lower-middle market companies in four core sectors: Technologies, Digital Infrastructure, Industries and Financial Services. Novacap combines deep sector specific expertise and strategic and operational excellence to partner with entrepreneurs and management teams. Since its inception, the firm has made primary and add-on investments in more than 250 companies. With over C$11 billion in assets under management and a presence across offices in Montreal, Toronto, and New York, Novacap accelerates value creation through strategic growth initiatives and a strong focus on execution. For more information, please visit For more information or media inquiries, please contact:Marie-Philippe Lambert, Revau's Chief Marketing | 1 866-254-4221 ext. 10043Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
