Houlihan Lokey Advises EmpowerMX
Houlihan Lokey is pleased to announce that EmpowerMX has been acquired by IFS. EmpowerMX’s powerful MRO technology adds further differentiation and depth to IFS’ industrial AI proposition for the aerospace and defense industry.
IFS, the leading technology innovator in cloud and industrial AI software, announced on July 10 the acquisition of EmpowerMX. EmpowerMX is an AI-powered aviation maintenance software provider specializing in airframe maintenance, repair, and overhaul (MRO) solutions, which are trusted by the largest aviation organizations in the world, including Embraer, MRO Holdings, Delta, and American Airlines.
The acquisition reinforces IFS’ commitment to industrial AI and underpins the importance of industry-specific capabilities that enable customers to rapidly derive value and improve the way they serve their customers at the moment of service. For aerospace and defense customers, this translates to improving efficiencies, enhancing production control, minimizing turnaround times, and reducing maintenance costs.
Together, EmpowerMX and IFS will provide aerospace and defense customers with the most comprehensive and capable maintenance management system that can support multiple users in multiple roles. The companies will also provide well-documented, paperless governance in the form of electronic task cards and logbooks.
The acquisition will deliver more value and industrial AI innovation to customers at a time when aviation MROs and the airline industry are experiencing multiple challenges that negatively impact profitability and operational efficiency, including supply chain disruption, labor and skills shortages, capacity shortfall, compliance, and ESG reporting.
EmpowerMX’s customers will now be able to leverage IFS’ capabilities and global scale to benefit from embedded IFS.ai innovation that enables them to maximize asset availability, deliver best practices, and ensure compliant delivery.
IFS is independently recognized as a leader in EAM, ERP, and FSM solutions for asset and service-centric industries. Within aerospace and defense, more than 310 million passengers fly safely thanks to aircraft maintained by IFS.ai.
Houlihan Lokey served as the exclusive financial advisor to EmpowerMX. Financial terms were not disclosed. This transaction underscores the team’s deep domain expertise and continued success advising clients within the aviation software sector, with relevant transactions including Vistair.
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