IMPROVED advises ARS T&TT on the Sale of Mobility Mixx to Mitsubishi HC Capital

  • Date April 1st, 2022
  • Transaction type M&A
  • Sector Mobility
  • Sub Sector Connected Mobility (MaaS)
Further Info

Mobility Mixx B.V. (“Mobility Mixx”) announced that the previous minority shareholder Mitsubishi HC Capital Inc. (“Mitsubishi HC Capital”) acquired the remaining shares from ARS Traffic & Transport Technology B.V.(“ARS T&TT”).

As of 31 March 2022 Mobility Mixx has become a 100% wholly owned subsidiary of Mitsubishi HC Capital, which has been a shareholder in Mobility Mixx since 2019 when a 49% share was acquired through the former Hitachi Capital Corporation. Mobility Mixx is long established and leading Mobility as a Service (“MaaS”) and “Smart Mobility” provider in the Netherlands.

IMPROVED acted as the exclusive financial advisor to ARS T&TT in this transaction. Leveraging its extensive deal-making track record, deep understanding of the market dynamics, and extensive investor network in the Mobility and Technology domains, the IMPROVED team was able to secure the best growth partner for Mobility Mixx in 2019, and now successfully completed the full sale of Mobility Mixx to Mitsubishi HC Capital in March 2022.

With the ambition of Mitsubishi HC Capital’s Mobility Solutions Division to become a European leader in car leasing based on a decarbonisation strategy and advanced mobility services through its group companies, MHC Mobility Europe, Mobility Mixx has a great opportunity to contribute to this by expanding and building scalable solutions for its customers. For Mitsubishi HC Capital, Mobility Mixx is key to being at the forefront of innovation and taking a leading position in advanced mobility services.

"This further investment in Mobility Mixx, making it a wholly owned subsidiary supports our strategy of combining multi modal travel with our traditional vehicle-based services to offer customers integrated, flexible and sustainable mobility. With the shift from total cost of ownership to total cost of mobility and decarbonisation we see excellent growth prospects in this sector”

Simon Oliphant

CEO, Mobility Solution Business Division

“When entrepreneurial teams with their investors have the ambition to create even more impact on cleaner cities and they execute a very capital efficient strategy we are happy to play our role in doing another deal with winners only ensuring Check to further grow in the pre-defined areas.”

Harald Ernst

CEO of Mobility Mixx

“In 2019, Mitsubishi HC Capital took a major step towards becoming a MaaS supplier by acquiring 49% of Mobility Mixx. Since then, Mobility Mixx has proven to be a highly innovative company active in one of the worlds most advanced markets for smart mobility solutions. Therefore, this further investment in Mobility Mixx fully aligns with the combined strategy and ambition of said parties.

IMPROVED is honoured to have been part of this transaction following our earlier involvement in 2019, as we strongly believe that Mobility Mixx offers great added value for its users and incentivizes to change travel habits that benefit the environment.”

Manus Weber

Executive Director at IMPROVED

Deal Makers