Transport solutions companies Accelya and Mercator are set to merge, to create a combined group with an expanded portfolio aimed at airlines, travel agents and transport firms. It will include revenue accounting, management and assurance, cargo and shipping management, payment solutions, data analytics, cost management and commercial solutions. The combined firm will have more than 400 clients, including 250 airlines, and pro forma today revenues of more than $200m, allowing it to make investments in cutting-edge technology and products. Private equity firm Warburg Pincus remains a majority shareholder.
Transport solutions companies Accelya and Mercator are set to merge, to create a combined group with an expanded portfolio aimed at airlines, travel agents and transport firms. It will include revenue accounting, management and assurance, cargo and shipping management, payment solutions, data analytics, cost management and commercial solutions. The combined firm will have more than 400 clients, including 250 airlines, and pro forma annual revenues of more than $200m, allowing it to make investments in cutting-edge technology and products. Private equity firm Warburg Pincus remains a majority shareholder.