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Announced

Essling Expansion takes a stake in Ubitransport.

Financials

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Transaction Value-
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Capital Bid For100%
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Share Price Premium-
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Tags

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Acquisition

France

smartphone passenger network

Private

Software

Pending

Single Bidder

Private Equity

Synopsis

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Essling Expansion, Essling Capital’s Small & Lower-Mid Cap fund, completes its second investment supporting Ubitransport’s growth. Financial times were not disclosed. Ubitransport offers a suite of comprehensive digital mobile solutions dedicated to school transportation management (2School), intercity and employee transportation (2Place) and on-demand transportation (2Tod). “In a market full of opportunities, Ubitransport is expected to become a key player in mobility.” Vincent Maignaut, Investment Director of Essling Expansion and Head of the Lyon office.

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