Matawan

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Matawan - overview

Established

2012

Location

-, -, France

Primary Industry

Software

About

Based in France, Ubi Transports SAS d. b. a Matawan offers innovative mobility solutions through its digital platform for public transportation ticketing, facilitating seamless intermodal travel and enhancing user experiences. Matawan is a company that specializes in mobility solutions through a digital platform designed for public transportation ticketing.


Founded in 2012 in France, Matawan has focused its capabilities on urban markets where public transport plays a vital role. In September 2025, Antin Infrastructure Partners, along with the company's management, agreed to acquire a majority stake in Matawan from Essling Capital for EUR 100 million. The transaction was completed in November 2025. Matawan specializes in providing a comprehensive digital platform for public transportation ticketing and mobility solutions.


Their core offerings facilitate seamless intermodal travel, allowing users to purchase and validate mobility rights through a single digital medium. The platform enhances user experience by providing real-time information, enabling users to understand and anticipate changes in mobility networks while improving service delivery in collaboration with local authorities and operators. The company focuses on urban areas where public transportation is essential for commuters and travelers. Matawan generates revenue through a structured business model that includes partnerships with public transport operators and local governmental agencies.


Revenue streams primarily consist of subscription fees paid by transport operators for access to the platform's functionalities, as well as transaction fees incurred when users purchase mobility rights. The pricing structure caters to both B2B and direct-to-consumer channels, allowing public transportation services to efficiently administer ticketing while streamlining the purchasing process for users. The platform’s services, including mobile ticketing and performance analytics, enhance the operational capabilities of transportation providers and improve user engagement. Matawan will continue to develop its business under new ownership following its acquisition by Antin Infrastructure Partners, which will support the enhancement of its business development strategy.


The company aims to expand into additional urban markets and is expected to launch new product offerings that enhance its digital platform for ticketing. Specific release dates for these new products have not been disclosed.


Current Investors

Antin Infrastructure Partners, Essling Capital

Primary Industry

Software

Sub Industries

Public Transit/Transportation, Application Integration Software, Analytics & Performance Software

Website

www.matawan-mobility.com

Verticals

Cloud Computing, FinTech, IoT (Internet of Things), Mobile Apps

Company Stage

Mature - Buyout

Total Amount Raised

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Matawan - timeline of key events

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Matawan - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)1,460,867-----16,801,878---
% Revenue Growth (YoY)----------
EBITDA (USD)579,998-----1,129,563---
Operating Income (USD)540,700-----757,599---
Operating Margin37.0%-----4.5%---
% EBITDA Margin39.7%-----6.7%---
NET Income (USD)606,524-----1,500,784---
% Net Margin41.5%-----8.9%---

Matawan - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedMatawan-
BuyoutCompletedMatawan-

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Matawan - employee data

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