Quadrant Group Limited has acquired Global ATS Limited (GATS) based at Gloucestershire Airport in Cheltenham. GATS specialises in Air Traffic Control and Air Traffic Management training in the UK and around the world. In order to increase its share within the market, GATS was purchased by Quadrant on 23 October. Although it will remain a separate company, it will operate as an additional resource with the Quadrant Group of Companies.
Commenting on the acquisition David Coghlan, Quadrant chairman said: “This is an exciting time for Quadrant having recently celebrated our 25-year anniversary. The addition of GATS provides Quadrant a training service provision to complement our existing, world-leading ATC product proposition. It also allow Quadrant to grow within its natural realm of training and simulation. Combined revenues for Quadrant is now £30 million, with around 220 staff.”
Stephen Williams, Quadrant CEO added “GATS has similar company values to those of Quadrant in that it is customer-centric, people focused and is striving for a strong open and communicative culture. I am delighted that GATS will be joining Quadrant.”
Murray Cole, outgoing GATS chairman welcomed the transaction and said: “This signifies a major positive move for GATS as it continues to grow.” Marcus Mimms, GATS MD said “I am excited about the prospects of GATS being part of Quadrant, this transaction offers greater opportunity to maximise GATS’ growth potential, and I look forward to supporting Quadrant through the transition period as GATS embarks on the next phase of its growth agenda.”
