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Warburg Pincus acquire majority stake in mercator

8 Apr 2014

airport5sq_lrgPrivate equity firm Warburg Pincus has agreed to buy a majority stake in Dubai-based software and outsourcing business mercator.

The company’s technology helps airlines move passengers and cargo to their destinations safely and on time. Its products including Cargo Operations and Management, Financial Solutions, Loyalty & CRM, Safety and Passenger Reservation & Departure Control are used by more than 125 airlines in over 80 countries.

Mercator said that Warburg’s investment will help it increase its market share and accelerate global growth. The private equity firm will also continue to invest in best-in-class products and provide capital for acquisitions.

Warburg Pincus managing director Joseph Schull said, “We have been looking for a world-leading software and tech-enabled outsourcing platform to address the transport, travel and logistics sector for some time.

“Mercator is one of the aviation industry’s leading solutions companies, benefitting from a superior product base, blue-chip customers, and capable management.

“We view it as an excellent platform to build a market-leading transport, travel & logistics business of scale.”

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