September 19, 2017: Accelya is the new name and identity for the combined business of 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 transport industry.
The combination of these two companies, announced back in March 2017 has created a leading global technology-enabled solutions provider to airlines, travel agents and shippers.
The combined company, now known as Accelya, has a broadened product portfolio to include financial, commercial, cargo and analytics solutions. Accelya harnesses the power of technology, data, and industry expertise to propel organizations forward. Their insights, solutions and services enable airlines, travel agents and shippers to anticipate, adapt and accelerate to stay at the leading edge of change.
With a global footprint of more than 400 clients worldwide, including 350 airlines, the company provides the mission critical solutions that account for and manage more than 5 billion financial transactions and 75 million tonnes of cargo annually.
Earlier this year, following the completion of the merger, Warburg Pincus, the global private equity firm focused on growth investing, had announced its decision to become the majority shareholder in the combined company.
Adarsh Sarma, managing director of Warburg Pincus, said, “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.”