Acquisition of SimpleFlying.com by Valnet Inc.

MONTREAL--(BUSINESS WIRE)--Valnet Inc. (or “Valnet”) has successfully completed the acquisition of SimpleFlying.com (the “Company”), the leading online destination for aviation enthusiasts. The Company is a reference in the aerospace industry, providing the latest news and information on aircraft, airlines, airports, passenger experience, and other aspects of commercial aviation. In 2021, the Company also co-hosted its first ever Future Flying Forum, an industry-focused event for aviation professionals and enthusiasts alike.


As per Simple Flying Founder and CEO, Arran Rice:

“Simple Flying has been an incredible journey, from what started out as a personal passion for airlines and the commercial aviation industry has turned into a platform read and loved by millions. I would like to personally thank everyone who has been involved and made Simple Flying possible, both past and present. This acquisition marks an exciting next step in Simple Flying's journey and I'm excited for the future of the platform.”

Valnet is looking forward to integrating Simpleflying.com within its portfolio of brands and build upon the Company’s strong foundations - loyal readers, quality publishing and brand authority. This acquisition further strengthens Valnet’s position as the leading digital content investor that aligns itself with market-leading digital publishers.

About Valnet Inc.

Driven by passion and performance, Valnet’s overarching goal is to create and distribute content to millions of users daily across our brands. With more than 3 billion web sessions and 20 billion Youtube views, Valnet is the leading digital content investment company that owns and operates a diversified portfolio of premier publishing and studio assets.

About Simple Flying

Simpleflying.com has been online since 2018, making it one of the fastest-growing digital publishers in the commercial aviation vertical. The site served over 7 million unique monthly visitors in November 2021.


Contacts

Rony Arzoumanian
Head of M&A
Contact: rony.a@valnetinc.com | 514-497-7787
Website: valnetinc.com

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