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Skymetrix acquires software developer Rainmaker

Fuel & cost management provider Skymetrix has acquired Rainmaker Business Technologies, an aviation crew pay and cost management software developer.

Michael Scheidler

Terms of the deal have not been disclosed, although it has been made public that the funding for the acquisition was led by UK-based private equity firm Ventiga Capital Partners. Pegasus Capital acted on behalf of Rainmaker.

Rainmaker’s package enables customers to better understand and manage crew costs, including crew productivity and utilization. Airlines have been severely impacted by crew shortages in recent years making accurate and transparent pay a vital aspect of crew retention.

Adding Rainmaker’s functionality to Skymetrix’ offering is set to offer customers a single product that can cover the majority of flight-related costs. Michael Scheidler, CEO of Skymetrix, said: “By combining Skymetrix – with Rainmaker’s ‘all things crew’ offering, we can now provide airlines with a clear line of sight of their full operations for the first time – enabling them to cut costs and create the space for sustainable growth.”

 

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