Aircraft Technical Publishers based in Chicago has been acquired by ParkerGale, a private equity firm, naming Charles Picasso as CEO in the process.
ATP will use a cloud-based software system to offer customizable services to customers.
Soon after taking the helm, Picasso also was named as a board member of the General Aviation Manufacturers Association, an international trade association representing more than 90 of the world’s leading aviation manufacturers and providers of related components and services.
Picasso has decades of experience successfully growing companies focused on delivering mission-critical information and services ranging from enterprise software to business and information technology services. As chairman of the board of Narus—a provider of real-time network traffic and analytics software—he led a strategic realignment that resulted in the company being acquired by Boeing Network and Space Systems as a subsidiary.
“I’m looking forward to working with our partners and clients, who can expect to receive the same level of service excellence from ATP, as well as look forward to exciting new developments on the horizon,” said Picasso. “It’s an honor to take the helm of an organization with such an esteemed history in the industry and lead ATP into a new era of growth.”