A deal has been agreed that will see airline and travel sector financial, commercial and analytics specialist Accelya bought by investment firm Vista Equity Partners.
Vista’s investment in Accelya is the first made by the firm’s permanent capital investment fund Vista Equity Partners Perennial.
Vista said this fund is “focused on growing industry-leading vertical software companies through long-term investments in product expansion and feature enhancement”.
Accelya has been providing aviation companies with solutions and services covering financial, commercial, cargo and logistics for over 40 years. It has over 400 clients globally.
John Johnston, chief executive of Accelya, said: “Our clients count on us to deliver data-driven insights, efficiency and unrivaled value in a highly competitive industry, while also managing risk and compliance and delivering excellent customer experience.
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