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New Deal


Announced

Polaris Capital Group to acquire Increment P from Pioneer.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

Private

Japan

car navigation

Pending

Friendly

Digital Services

Majority

Single Bidder

Domestic

Synopsis

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Private equity firm Polaris Capital Group agreed to acquire Increment P, the car navigation and mapping business of Pioneer, a Japanese technology conglomerate. Financial terms were not disclosed. Even after the transaction is executed, Pioneer and Increment P will continue to collaborate on the development and provision of map data as each other’s most important partner.

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