Chequers Capital has sold Accelya Holding World, S.L. to Warburg Pincus LLC

March 2017 — Accelya Holding World, S.L. (Accelya), a portfolio company of Chequers Capital, has been acquired by private equity firm Warburg Pincus LLC with the objective of merging it with Mercator, one of its portfolio companies. Financial details of this transaction have not been disclosed.

Accelya is a leading provider of financial, commercial and analytics solutions to the airline and travel industry. The company helps airlines integrate and simplify their financial processes, to better manage costs, risks, revenue leakages, cash flow, 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 life cycle, until the data is converted to actionable intelligence.

Warburg Pincus is a leading global private equity firm focused on growth investing. The firm has more than US$44 billion in private equity assets under management. Its active portfolio of more than 130 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 US$58 billion in over 760 companies in more than 40 countries.

Chequers Capital, founded in 1972 in France, is a leading Pan-European private equity firm focusing on mid-sized companies. With over US$2 billion under management and a track record of approximately 300 investments across France, Germany, Italy, Spain and the UK, Chequers Capital has extensive experience in developing companies towards international success, in partnership with their management teams.

Our role in the transaction

Oaklins’ team in Spain acted as advisor of Accelya's management team on all aspects of its reinvestment and ongoing participation in the company and its subsequent integration with Mercator.