TELEPASS acquired by PARTNERS GROUP

Telepass has acquired a significant equity stake in Telepass. This strategic partnership is designed to accelerate the target’s existing growth trajectory, build scale across European markets, and establish a leading pan-European platform for customer-centric mobility services. The strategic rationale for the deal is rooted in the high-growth potential of the electronic payment sector and the resilience of the target's core electronic toll collection business, which provides stable, non-cyclical cash flows. The investment enables the target to focus on several value-creation initiatives, including the consolidation of the European market through both organic development and acquisitive growth, the strengthening of its "one-stop mobility payment" solution for B2B and B2C segments, and the scaling of mobility insurance coverage. By leveraging the acquirer’s global platform and operational expertise, the target is well-positioned to execute its inorganic growth strategy and further advance its technological capabilities. The transaction also places a strong emphasis on ESG initiatives, with the partners working alongside management to foster sustainable transport solutions that reduce urban congestion and carbon emissions.