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Seh Acquires Ram Usa, Expanding Facility And Infrastructure Assessment Capabilities

Oct 05, 2023•about 2 years ago

Acquiring Company

Jet.AI

Acquired Company

RAM USA

Las VegasAirlines and Aviation

Description

Short Elliott Hendrickson Inc. (SEH®), a national employee-owned engineering and architecture firm, announces the acquisition of assets from RAM USA, widely recognized for its groundbreaking patented technology for facility and infrastructure assessment. This pivotal move increases SEH’s service offerings and reinforces SEH’s commitment to leveraging technology for improved facility and infrastructure solutions.

Company Information

Company

Jet.AI

Location

10845 GRIFFITH PEAK DR.,

Las Vegas, Nevada, United States

About

Jet.AI operates in two segments, Software and Aviation, respectively. The Software segment features the B2C CharterGPT app and the B2B Jet.AI Operator platform. The CharterGPT app uses natural language processing and machine learning to improve the private jet booking experience. The Jet.AI operator platform offers a suite of stand-alone software products to enable FAA Part 135 charter providers to add revenue, maximize efficiency, and reduce environmental impact. The Aviation segment features jet aircraft fractions, jet card, on-fleet charter, management, and buyer’s brokerage.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed