WARBURG PINCUS – ACQUISITION OF ACCELYA
Global private equity firm Warburg Pincus has acquired Accelya from Chequers Capital to merge with its airline management, finance, and IT services provider Mercator. Financial details of the transaction have not been disclosed. Accelya engages in the provision of information technology solutions and services to the airline industry. The merged entity will have more than 400 clients worldwide and annual revenue is set to be around $200m.