DVDW advised ProSim and its shareholders on the formation of the joint venture with TXT Group.
TXT Group is an international IT Group, provider of software services and solutions that support the digital transformation of customers' products and core processes. They work with their customers to deliver the most innovative training equipment for training pilots and technicians.
ProSim is an emerging player in the civil aviation training market with more than 300 professional simulator installations worldwide through various training equipment manufacturers, all running on ProSiM software.
Together, TXT Group and ProSim combine the unique TXT engineering capabilities with advanced proprietary pilot training products developed by ProSim. DVDW was delighted to guide ProSim through this process.