Article Published on: Mon, June 13, 2017
CHICAGO, June 13, 2017 - ParkerGale Capital announced today that it has appointed Rick Noble as Chief Executive Officer of ATP, the premier provider of information tools and services for the aviation industry. ParkerGale, a technology-focused private equity firm based in Chicago, IL, acquired ATP in 2015 and recruited Noble to the Board of Directors last year.
Noble has more than 35 years of experience across data, content and software companies, with a history of creating growth and value for stakeholders through product and service enhancements, digital transformation, new product development, and acquisitions. Having led several high growth organizations over the course of his career, Noble will focus on strategic growth initiatives, expanding ATP’s product offerings and customer base, and enhancing the existing set of solutions.
"Rick has a proven track record of building world class companies, creating value and energizing teams,” said Devin Mathews, Partner at ParkerGale Capital. “He possesses a unique blend of experience that spans the related fields of content management, digital publishing and information services, which is an ideal fit for ATP's industry leading technologies. We’re confident Rick is the right person to build on ATP’s strategic vision and take the company to the next level of growth.”
Most recently, he served as CEO and Executive Chairman of Haights Cross Communications and its subsidiary Triumph Learning LLC, a leading educational content service provider, which publishes print and digital resources to more than six million K-12 students across more than 30,000 schools each year.
Previously, Noble was the CEO of Blackboard Engage (formerly Edline), an innovative global leader in enterprise technology that provides content management and tools for classroom management and related technologies as part of an integrated Learning Community Management System to 20,000 schools. He was also CEO of Medical Media Holdings — a publisher of educational material for physicians, nurses, and other health care professionals — and President & CEO of Thomson Healthcare, a $240 million provider of reference content and medical and regulatory databases with 1,500 employees.
Noble holds a Bachelor's degree and an MBA from the University of Toronto, and he has completed executive education at UCLA and Harvard.
"I am thrilled to be joining the ATP team at this exciting point in the company’s evolution and contribute to our customers’ continued success. Over the past several years, the company has unlocked a tremendous amount of value by reinventing itself as an integrated service provider that has transformed the way that maintenance providers do their jobs," said Noble. “I look forward to building on this work by providing increased structure in order to better align ATP’s strategy, technology, and processes and help the company break through to the next level of growth.”
ABOUT ParkerGale Capital
ParkerGale Capital is a small private equity fund basedin Chicago that buys profitable, founder-owned software and technology-enabled services companies where the firm’s operating resources can have a meaningful impact. ParkerGale also hosts the private equity industry’s only podcast, the PEFunCast on iTunes and Google Play. For more information, please visit www.parkergale.com
ATP is a trusted partner of aviation manufacturers, operators and maintenance providers focused on maximizing the value of aircraft and aviation operations by providing a suite of reference content, airworthiness, diagnostics and reliability services that optimize aircraft availability and operational compliance. Through our 40+ years of experience in the aviation industry we have developed expertise in managing and analyzing content for maintenance, operations, and compliance. We add value through smarter reference content and diagnostics, integrating that information into decision support tools to drive improved decision making and productivity, and advisory services to deliver efficient operations.