Outcome Capital, an investment banking firm that serves middle-market growth companies in the life science and technology segments, has announced that ATPCO, the industry-standard data platform for airline industry pricing and shopping data, has acquired Routehappy, the airline industry´s rich content provider for flight shopping, the company said.
The acquisition enhances ATPCO´s distribution ecosystem by making their centralized platform an outlet for airfare data and rich quality content. Terms of the acquisition were not disclosed. Outcome Capital acted as exclusive financial advisor to ATPCO for the acquisition of Routehappy. Outcome Capital also acted as placement agent for ATPCO in the arrangement of a credit facility with PNC.
ATPCO is the airline industry into the next generation of distribution by providing a centralized platform that enables airlines to get the right content to the right channel at the right time. ATPCO manages more than 170 million fares for 430 airlines in 160 countries and supports an average of 3.9 million daily fare changes. Routehappy creates unique, rich content for flight shopping, helping airlines and distributors differentiate and better monetize their products.
Outcome Capital is a unique investment banking firm that provides middle-market growth companies in the technology, life sciences, healthcare and business services markets with a value-added client-centric approach to merger, acquisition and corporate finance advisory services. The firm utilizes its proven approach to value enhancement by assisting boards and management teams in navigating both the financial and strategic markets and in implementing the best path for success. More information is available at www.outcomecapital.com