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General Atlantic Investment
in IBS
Year of Investment:
2007
GA Board Members: Abhay
Havaldar
IBS
– Short Profile |
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The IBS
Group is a leading new-generation
IT solutions provider to the global Travel, Transportation and Logistics (TTL)
industry. A specialist in the domain, IBS offers a range of products and services
that manage mission-critical operations of major airlines, airports, oil and
gas companies, seaports, cruise lines and tour operators world-wide. SEI CMMI
Level-5 and PCMM Level 5 assessed, ISO 9001:2008, TickIT and ISO 27001:2005 certified,
IBS operates out of thirteen business centers in the Americas, Europe, Asia-Pacific,
the Middle East and Africa.
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IBS – Business |
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IBS owns Intellectual Property
Rights to 17 software products in the areas of airline passenger services, airline & airport
operations, airline cargo & logistics, oil & gas logistics, travel & cruise
management and ocean transportation. IBS also offers software services in these
domains, including Application Development, Re-engineering & Maintenance,
Independent Verification & Validation, Technology and Quality Consulting,
Usability Engineering, Infrastructure Management Services, and Business Intelligence & Data
Warehousing.
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More about IBS |
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IBS' customers include Air Astana, Air New Zealand,
All Nippon Airways (ANA), Austrian Airlines, BAA (London's Heathrow & Gatwick),
Cathay Pacific, Celebrity Cruises, Cunard, Emirates, Expedia, Iberia Airlines,
Intrawest, Jet Airways, KLM, Nippon Cargo Airlines (NCA), Orbitz Worldwide, Qatar
Airways, Seabourn Cruise Line, South African Airways, Star Cruises, three Oil & Gas
majors, US Airways Vacations, Vail Resorts Inc., Virgin Atlantic, Wynn Resorts
Limited and Yankee Holidays among others.
General Atlantic LLC invested USD 60
million in IBS, one of the largest funding into a products company. GA provides
strategic assistance to propel IBS to the next phase of its aggressive growth.
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