Investment Summary

Mitsui & Co Invests In Kite Mobility

On October 21, 2025, Mitsui & Co invested in business services company Kite Mobility

Investment Highlights
  • This is Mitsui & Co’s 2nd transaction in the Business Services sector.
  • This is Mitsui & Co’s 2nd transaction in Canada.
  • This is Mitsui & Co’s 2nd transaction in Ontario.

Investment Summary

Date 2025-10-21
Target Kite Mobility
Sector Business Services
Investor(s) Mitsui & Co
Deal Type Stake Purchase

Target

Kite Mobility

West Thornhill, Ontario, Canada
Kite Mobility provides electric vehicle (EV) sharing services by placing EVs in condominium parking lots across major Canadian cities, enabling residents to access shared vehicles as needed. Kite Mobility is based in West Thornhill, Ontario.

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Investor(S) 1

Investor

Mitsui & Co

Tokyo, Japan

Category Company
Founded 1947
Sector Diversified
Employees56,400
Revenue 14.66T JPY (2025)
DESCRIPTION

Mitsui & Co engages in the export, import, wholesale, and retail of steel products; steel processing; mining and sale of iron ores; and sale and trading of ferrous scrap and alloy products and chemicals, energy, food, food & retail management, healthcare & service, consumer business, IT & communication business, corporate development business. Mitsui & Co was founded in 1947 and is based in Tokyo, Japan.


DEAL STATS #
Overall 51 of 52
Sector: Business Services M&A 2 of 2
Type: Stake Purchase M&A Deals 18 of 18
State: Ontario M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2025 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-15 Lokavant

New York, New York, United States

Lokavant is a clinical intelligence platform that improves the time, cost, and quality of trial planning and execution through data-driven analytics applications. Lokavant's platform aggregates and integrates real-time data from disparate trial data sources, and powers advanced analytics enabled by its compendium of proprietary trial data. Lokavant was founded in 2020 and is based in New York, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-12-11 Fervo Energy

Houston, Texas, United States

Fervo Energy is a U.S. renewable energy developer focused on enhanced geothermal systems (EGS), a next-generation form of geothermal power that uses advanced drilling, subsurface analytics and techniques adapted from oil-and-gas to unlock heat from deep underground and deliver 24/7 carbon-free electricity. The Company develops, owns and operates geothermal power projects designed to provide firm baseload energy to electric grids and large energy consumers, including utility power purchase agreements and corporate offtake deals. Fervo was founded in 2017 and is headquartered in Houston, Texas.

Buy -