Advantage Partners has launched Asmobigroup through the share transfer of Ecolocity to enhance investments in next-generation mobility solutions within the Japanese coin parking industry.

Target Company Information

Advantage Partners, a prominent investment firm, has established a new company called Asmobigroup by transferring shares of its portfolio company, Ecolocity, as part of its commitment to building a next-generation mobility society. Asmobigroup has also made investments in Rex Park Co., Ltd. and Syscom Co., Ltd., both of which operate coin parking and related businesses primarily in Saitama Prefecture.

Ecolocity is a key player in the coin parking industry, managing over 5,000 locations nationwide. The company has pioneered the introduction of flapless parking facilities and implemented fully cashless next-generation coin parking solutions that utilize environmentally friendly technologies. With its extensive experience in the sector, Asmobigroup aims to leverage Ecolocity's insights and collaborate with financial institutions, consulting firms, and M&A brokers to acquire coin parking operators and related businesses that include service providers and real estate ventures.

Industry Overview in Japan

The coin parking sector in Japan is evolving into a crucial part of transportation infrastructure, essential for both individual and corporate vehicles. Its growth is projected to conti