Aviation software business Mercator has acquired Catapult International, a services provider for freight forwarders, shippers and carriers accross the globe. Financial terms remain undisclosed.
Dubai-based Mercator has been backed by Warburg Pincus since April 2014. The deal was Warburg’s first in the Middle East. At the time, Warburg's co-CEO Joe Landy unveiled plans to grow Mercator through acquisitions over the course of five to seven years before looking for an exit.