Add-on Acquisition • Internet Software and Services

A2B Acquires Mobile Technologies International Pty

On June 20, 2018, A2B acquired internet software and services company Mobile Technologies International Pty

Acquisition Context
  • This is A2B’s 1st transaction in the Internet Software and Services sector.
  • This is A2B’s 8th transaction in Australia.

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M&A Deal Summary

Date June 20, 2018
Target Mobile Technologies International Pty
Sector Internet Software and Services
Buyer(s) A2B
Deal Type Add-on Acquisition

Target Company

Mobile Technologies International Pty

Mulgrave, Australia
Mobile Technologies International Pty Ltd. is a global provider of innovative Software as a Service (SaaS) automotive dispatch and booking technology to the Taxi industry. MTI’s technology can be seen in many leading Australian and New Zealand Taxi companies and includes advanced booking apps, call center technology, smart dispatch algorithms, and in-vehicle tablet and data terminal solutions.
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Buyer Overview 1

Buyer

A2B

Sydney, Australia

Category Company
Founded 1976
Sector Business Services
Employees538
Revenue 163M AUD (2020)
DESCRIPTION

A2B provides pay for taxi related services domestically and internationally. A2B was founded in 1976 and is based in Sydney, Australia.


Deal Context for Buyer #
Overall 8 of 8
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 7 of 7
Country: Australia 8 of 8
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-21 ComfortDelGro Cabcharge Pty

Seven Hills, Australia

ComfortDelGro is one of the world’s largest land transport companies with a total fleet size of over 45,300 buses, taxis and rental vehicles. It operates in seven countries - Singapore, China, the United Kingdom, Ireland, Australia, Vietnam and Malaysia – giving it the broadest footprint amongst its international peers.

Buy -