Bi-Am Consultancy Private Limited

The Frequentis Group, a strategic investor with headquarters in Vienna, Austria, will take over the main assets and projects of air traffic control and air traffic management business COMSOFT GmbH in Karlsruhe. 

The sale of COMSOFT comes less than two months after filing for insolvency, and administrator Seagon stated: “This was very demanding for all concerned and only functioned successfully thanks to the highly concentrated and focused contributions of all involved, especially the COMSOFT employees.”

COMSOFT has a good reputation for its products and services. It is nevertheless a  difficult challenge for potential investors to conduct their due diligence, to submit a realistic offer in a short timeframe, and for the insolvency administrator to negotiate a purchase agreement. Seagon added: “Anyone who achieves does this is professional and really wants the company. I am therefore confident that COMSOFT will have a prosperous future within the Frequentis Group.”

Frequentis CEO, Hannes Bardach, expressed his confidence stating: “I am pleased about this extension to the Frequentis Group – the high quality solutions of the COMSOFT portfolio, as well as the competence of the COMSOFT team, will support the Frequentis Group in its efforts to develop innovative solutions for the ATM Market, consistent with international standards. This results in benefits and future-proof investments for our customers.”

The Frequentis-acquired Air Traffic Control & Air Traffic Management divisions will continue under the name “COMSOFT Solutions”, with Gerald Enzinger, a manager with broad ATM experience, designated as managing director.