Outcome Capital Announces APTCO Acquisition of Routehappy – Funding by PNC
Outcome Capital is pleased to announce that ATPCO, the industry-standard data platform for airline industry pricing and shopping data, has acquired Routehappy, the airline industry’s leading rich content provider for flight shopping. 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.
“Outcome Capital’s knowledge and expertise were crucial in bringing this transaction to fruition. Outcome advised us on both the acquisition and the financing and exceeded all our expectations.” said Rolf Purzer, CEO of ATPCO.
ATPCO is leading 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.