Partners Group to acquire a 49% stake in Telepass from Atlantia for $1.2bn.

Partners Group, a private equity firm, agreed to acquire a 49% stake in Telepass, a toll payment services provider, from Atlantia, an Italian infrastructure group for $1.2bn. "We welcome Partners Group to the Telepass team. The firm's excellent operational capabilities and history of supporting companies to grow their geographical footprint, expand service areas, and advance technologically will help us to build on our strong presence throughout Europe and drive our inorganic growth strategy. This acquisition is happening at a key point in Telepass' growth and we look forward to benefiting from the size and strength of Partners Group's platform, as well as the team's responsible ownership approach," Gabriele Benedetto, Telepass CEO.