Antin Infrastructure Partners is set to acquire a majority stake in Matawan, a smart mobility platform enhancing public transport networks, through its NextGen Infrastructure Fund I.

Target Company: Matawan

Founded in 2012, Matawan is a pioneering smart mobility platform that provides mission-critical services to public transport networks. The company offers comprehensive, cloud-based solutions designed to eliminate silos in public transit, thereby acting as the infrastructural backbone for modern transportation systems. Matawan enhances accessibility across various modes of transportation, including buses, trams, rail, bikes, and ferries, through its account-based ticketing system.

The platform leverages Artificial Intelligence to optimize supply and demand, delivering reliable information and quality service to both travelers and operators. Currently, Matawan serves over 330 transport networks across six countries in Europe and North America, with ambitious plans for further expansion both organically and through strategic acquisitions.

Industry Overview in Europe and North America

The smart mobility sector is witnessing a significant transformation, driven by technological advancements and increasing urbanization. In Europe and North America, public transportation systems are increasing