M&A Deal Summary

Arrive Acquires Be-Mobile

On June 13, 2025, Arrive acquired information technology company Be-Mobile from Proximus for 170M EUR

Acquisition Highlights
  • This is Arrive’s 1st transaction in the Information Technology sector.
  • This is Arrive’s largest (disclosed) transaction.
  • This is Arrive’s 1st transaction in Belgium.

M&A Deal Summary

Date 2025-06-13
Target Be-Mobile
Sector Information Technology
Buyer(s) Arrive
Sellers(s) Proximus
Deal Type Divestiture
Deal Value 170M EUR

Target

Be-Mobile

Melle, Belgium
Be-Mobile is a smart mobility service provider that develops high-tech solutions in the areas of smart mobility, traffic monitoring and management, connected vehicle technologies, traffic information, mobile payment and toll collection to pave the way to smoother daily mobility. Be-Mobile is based in Melle, Belgium.

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Buyer(S) 1

Buyer

Arrive

Chicago, Illinois, United States

Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

Arrive is a web and mobile based application that enables users to find and reserve parking space. Arrive was founded in 2006 and is based in Chicago, Illinois.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-31 CodiPark

Tel Aviv, Israel

CodiPark is a provider of mobile payments for parking platform. CodiPark is based in Tel Aviv, Israel

Buy -

Seller(S) 1

SELLER

Proximus

Brussels, Belgium

Category Company
Founded 1930
Sector Communications
Employees10,135
Revenue 6.4B EUR (2024)
DESCRIPTION

Proximus is a telecommunications company. The quality of our interconnected fixed and mobile networks makes us the provider of telephony, Internet and television services. It also allows us to offer anywhere and anytime access to digital data and the best multimedia content. Proximus was incorporated in 1930 and is based in Brussels, Belgium.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-25 Datacenter United - Datacenter Business

Belgium

Datacenter United - Datacenter Business provider datacenter business.

Buy €128M