Digital News World

Combination of Accelya and Mercator Completes, Creating a Leading Global Solutions Provider to the Travel Industry

March 20, 2017

"I am excited by the opportunity to lead an enlarged group focused on delivering outstanding customer products and service. I look forward to driving growth further, expanding the product offering and introducing new, innovative technologies," said John Johnston, Chief Executive Officer, Accelya
• John Johnston appointed Chief Executive Officer of the combined group; Jose Maria Hurtado appointed Chief Financial Officer

• Combined company benefits from complementary products and global footprint

• Enhanced product and technology capabilities

Barcelona, Dubai - March 20, 2017 - Accelya, a leading provider of financial and commercial solutions to the airline industry, and Mercator, a global provider of product-enabled solutions to the travel and transportation industry, today announced the successful completion of their combination, creating a leading global technology-enabled solutions provider to airlines, travel agents and transport companies. 

The combined group has a broadened product portfolio with complementary offerings including revenue accounting, revenue management, revenue assurance, cargo and shipping management, payment solutions, data analytics, cost management and commercial solutions.  Customers of Accelya and Mercator will benefit from enhanced product and technology capabilities, which will ensure the continued development of innovative solutions for the travel and transport industry.  With a global footprint and more than 400 clients worldwide, including 250 airlines, the new company is at the forefront of automation, helping customers manage their financial processes more efficiently, minimizing revenue leakages, reducing operational costs and optimizing management of their indirect distribution channel.  The combined company has pro forma annual revenues in excess of $200 million, with the scale to make investments in products and technology in order to remain at the cutting edge of innovation and service quality.  

John Johnston current Chief Executive Officer of Accelya will become Chief Executive Officer of the combined group whilst Jose Maria Hurtado will be Chief Financial Officer.  Mr. Johnston commented, “I am excited by the opportunity to lead an enlarged group focused on delivering outstanding customer products and service.   I look forward to driving growth further, expanding the product offering and introducing new, innovative technologies.” 

Warburg Pincus, a global private equity firm focused on growth investing and the current majority shareholder of Mercator, is the new majority shareholder in the combined company.

Adarsh Sarma, a Managing Director of Warburg Pincus, added, “We are delighted to support the combination of two great organizations focused on the travel and transport industry.  Our focus will remain on providing the best possible products and services to our customers.  Together, the combined group will continue to invest significantly in new product innovation and development.”

About Accelya

Accelya is a leading provider of financial, commercial and analytics solutions to the Airline and Travel industry.  Accelya helps airlines integrate and simplify their financial processes; to better manage costs, risks, revenue leakages, cash flows, profitability and overall business performance. Accelya partners with airlines right from the time a ticket or an air waybill is issued, all the way through its entire financial lifecycle and until the data is converted to actionable intelligence. 

Accelya’s commercial solutions help airlines steer sales and strengthen their business relationship with travel agents. It provides insights on airline sales performance, agent performance, route performance and instantly identifies potential for growth. It also helps airlines manage agent incentive program for higher agent satisfaction. Backed by solid data, Accelya’s analytics and consulting services enable airlines to take informed decisions by forecasting market trends, identifying revenue opportunities and optimising costs.

With over 200 airline customers, Accelya’s operations are spread across 9 countries and employs over 2000 professionals worldwide.

For more information please visit www.accelya.com

About Mercator

Mercator is a leading provider of software platforms and product-led solutions to the global travel, transportation, and logistics industry. We want to revolutionize the way the world moves people and products. Our mission is to build smart and powerful products that drive intelligence, predictability, and value into our customers’ business. Mercator helps move the world in the safest, fastest, and smartest ways possible. Every day, over 3 million passenger journeys and 200,000 tons of cargo are processed with Mercator products, enabling us to analyze large streams of data and deliver actionable insights that drive value for our customers.  

For more information please visit: www.mercator.com

About Warburg Pincus

Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $44 billion in private equity assets under management. The firm's active portfolio of more than 140 companies is highly diversified by stage, sector and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 16 private equity funds, which have invested more than $60 billion in over 780 companies in more than 40 countries. 

The firm is a leading investor in both the technology and aerospace industries.  Since inception, the firm has invested more than $15 billion in technology, media and tech-enabled services companies, including investments in globally leading software and technology-enabled services firms including BEA Systems, Nuance Communications (NASDAQ: NUAN), Fidelity National Information Services (NASDAQ: FIS), Wall Street Systems, Veritas, Gordian Group and iParadigms. The firm’s aerospace and transportation-related investments include Camp Systems, Transdigm, WNS, Consolidated Precision Products, Coyote Logistics and Triton Container.

The firm is headquartered in New York with offices in Amsterdam, Beijing, Hong Kong, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore.

For more information please visit: www.warburgpincus.com

Media Contact
Company Name: Accelya
Contact Person: Mitul Mehta
Email: media@accelya.com
Phone: 91.22.6780.8888
Country: India
Website: www.accelya.com




Latest
New Market Research Reports Title "Global Standing Desk Market To Reach US$ 2.80 Bn By 2025 – Credence Research" Has Been Added to Credenceresearch.com Report Database. According to a new market resea
Cincinnati, Ohio - Moving to a new location can be quite a hassle. Aside from having to pack belongings and scheduling with a moving company, it is also important to file a change of address. Various
"Acute Market Reports"AcuteMarketReports.com has Published New Research Report Title "Global Neuromyelitis Optica Drug Market Research Report 2017"Market Research report to their DatabaseIn this repor
New Market Research Reports Title "Global Thyroid Gland Disorder Treatment Market Size, Growth, Opportunities, Outlook and Forecast 2017-2025" Has Been Added to BriskInsights.com Report Database.Accor
"Acute Market Reports"AcuteMarketReports.com has Published New Research Report Title "Global Light Detection and Ranging (LIDAR) Market Research Report 2017"Market Research report to their DatabaseIn
New Market Research Reports Title "Global Cardiac Monitoring and Diagnostic Devices Market Size, Growth, Opportunities, Outlook and Forecast 2017-2025" Has Been Added to BriskInsights.com Report Datab
In Spring 2017, Professor Kung Pengcheng is independently planning and organising the World Chinese Culture Convention. Although bringing together more than 30 countries, 180 scholars, this is just a
Airwheel attaches great importance to customers sharing their using experience and their kindly advices and suggestions for continuous improvement of our products. Airwheel Z8 is a new member to Airwh
Big World, Little Om is a new project that will soon launch on Indiegogo that seeks to showcase the lives of LGBTQ and other marginalized people in a format for children. The campaign hopes to raise $
RefinanceStudentLoans.net, a consumer website that helps those struggling with student debt qualify for student loan refinancing & student loan forgiveness has released a free new report for those
"Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future"Global Research on Integrated Systems Market Analysis, Market
"Market Research Reports Industry"Radiant Insights has announced the addition of "Global Refrigerant Compressors Market 2017-2021" Market Research report to their databaseRefrigerant compressors are u
QYResearchReports has recently announced the addition of "2017-2022 Private LTE Network Report on Global and United States Market, Status and Forecast, by Players, Types and Applications" to its huge
QYResearchReports has recently announced the addition of "Global Basmati Rice 2016 Market Research Report" to its huge database of Research Reports.The Global Basmati Rice Industry 2016 Market Researc
"Major players in the global vitamins market include Adisseo France S.A.S., Archer Daniels Midland Co., SASF SE, CSPC Pharmaceuticals Group Limited, Lonza Group Ltd., North China Pharmaceuticals Corpo
"Major players in the global ethoxyquin market include Camlin Fine Sciences Ltd., Merck KGaA, Mitsui & Co. Ltd., Shanghai Fuda Fine Material Co. Ltd., Skystone Feed Co. Ltd., Industrial Técnica Pecuar
"Major key players in the industry are Pfizer Inc, Novartis AG, Ipsen, Advanced Accelerator Applications, Tarveda Therapeutics, Progenics Pharmaceuticals, Inc. and Hutchison Medipharma Limited"Global
"Some of the major companies in personalized cell therapy market are Cytori Therapeutics Inc., Bellicum Pharmaceuticals, Inc., Saneron CCEL Therapeutics, Inc., MolMed S.p.A. and Vericel Corporation."G
QYResearchReports has recently announced the addition of "Global Halal Food Market Research Report 2017" to its huge database of Research Reports.In this report, the global Halal Food market is valued
QYResearchReports has recently announced the addition of "Global Travel Insurance Market Size, Status and Forecast 2022" to its huge database of Research Reports.This report studies the global Travel
Leading signage printing company Custom Graphix Signworks LLC. has assured to print and ship high quality custom gloss vinyl banners in just 24 hours. It promises water and UV resistant banners. Phoen
Being aware of potential risks to your enterprise can mean the difference between winning and losing.Arlington, Virginia - May 29, 2017 - Expert Choice, the leader in fact based decision support and o
3D prostate treatment seeing huge interest from foreigners.The Dr Song’s 3d clinic has spent the last 28 years honing its craft in developing treatment for prostatitis and unlike western medicin
Patients suffering from pathogen induced prostatitis show remarkable turnaround through injections.Prostatitis is a debilitating condition that can leave a person in severe pain and embarrassment, unf
Global New Economy Summit took place successfully in the headquarters of the United Nations. On May 23rd and 24th eastern Time U.S.A, Global new economy summit took place successfully in the conferen
New Economy and the policy opportunities and challenges posed by the United Nations Sustainable Development Goals in 2030 On May 23rd - 24th 2017, the "2017 Globalization and Sustainable Development D
Hiring a plumber in Edmonton is easy now as one is available 24/7 through the Edmonton Best Plumbers service. Over 20 years of experience and stellar reputation ensure that the professionals from this
A Florida-based and a full-service sobriety organization excitedly announced their halfway house opening in Delray Beach, Florida. Delray Beach, FL - May 29, 2017 - Great Awakening Inc.  is dedic
Experts in Pest Control Singapore are branching out to make their excellent services available to people in other countries. The new division of Perth Pest Control Australia offers efficient extermina
Madison, Wisconsin - Renowned business coach James Kademan’s new book “You Got This! A Motivational Guide for Achieving your Goals” is unique, unusual, and undoubtedly unprecedented.
"Laboratory Information Systems Market Sales, Size, Share, Trends and Forecast 2027"Global Laboratory Information Systems Market Research Report By Application( Clinical, Industrial, Drug Discovery )
Focusky online presentation maker enables presentation agents to make stunning animated presentations and videos.Focusky is a world popular digital platform for presentation software. Now, the company
Airwheel E3 backpack electric bike owns very lovely appearance. As its name suggests, it can be small and put in a bag. However, its powerful riding function is the key. Whether short-distance or long
"Cement and Concrete Additive Market"Global Cement & Concrete Additive Market Information by Product Types (Fiber, Mineral and Chemicals), and Application (Residential and Non-Residential) - Forecast

Most Viewed News Release

Global Halal Food Market 2017 Industry, Analysis, Research, Share, Growth, Sales, Trends, Supply, Forecast to 2021

Neuroendocrine Tumor Treatment Market to Surpass US$ 2.9 Billion by 2025, Underpinned by Increasing Incidence of GI and Lung Neuroendocrine Tumors

Global Vitamins Market to Surpass US$ 7.95 Billion by 2025, with Food & Beverages Sector Growth Creating Conducive Growth Environment

New report shares details about the Global Basmati Rice 2016 Market Research Report

Refrigerant Compressors Market will grow at a CAGR of 4.92% till 2021: Radiant Insights

RefinanceStudentLoans.net Releases Consumer Report on Student Loan Forgiveness

Big World, Little Om Wants to Change the World One Cartoon at a Time

Airwheel Z8 Smart Lightweight Electric Scooter Introduces New Riding Experience

Kung Pengcheng organising World Chinese Culture Convention

Global Cardiac Monitoring and Diagnostic Devices Market is expected to grow at the CAGR of 6.46% during 2017-2025 : Brisk Insights

Global Light Detection and Ranging (LIDAR) Market Size, Share, Trends, Growth, Regional Outlook and Forecast 2017 – Acute Market Reports

Thyroid Gland Disorder Treatment Market : Global Industry Size Share, Growth, Opportunities, Outlook and Forecast 2017-2025 : Brisk Insights

Global Neuromyelitis Optica Drug Market Size, Share, Trends, Growth, Regional Outlook and Forecast 2017 – Acute Market Reports

Change of Address Online Offers New Blog Making Changing an Address Easy

Global Standing Desk Market To Reach US$ 2.80 Bn By 2025 – Credence Research