PARIS: Antin Infrastructure Partners (Paris:ANTIN) and smart mobility platform Matawan have entered exclusive negotiations for a majority investment, aiming to accelerate the digital transformation of public transport networks across Europe and North America.
Founded in 2012, Matawan provides cloud-based infrastructure for multimodal transit systems, offering account-based ticketing, AI-powered demand optimization, and real-time service data. The company currently supports over 330 transport networks in six countries.
The proposed investment would be made through Antin’s €1.2 billion NextGen Infrastructure Fund I, marking its seventh deal. The fund targets scalable infrastructure businesses with proven technologies and a sustainability focus.
Antin will invest alongside Matawan founder Jean-Paul Medioni, CEO Jérôme Trédan, and the existing management team. Medioni will join the Supervisory Board upon closing, expected by year-end pending regulatory approvals.
“Matawan is a great fit for our NextGen strategy,” said Nathalie Kosciusko-Morizet, NextGen Senior Partner at Antin. “It’s positioned to lead the shift toward smart, interoperable transport networks and decarbonised mobility.”
Trédan added, “Antin’s backing will help us consolidate our leadership in France and Europe, expand into new geographies, and deliver on our mission to simplify commuting for all.”
Medioni expressed pride in Matawan’s journey, citing the role of digital innovation in advancing public transport. “This new chapter with Antin will elevate our impact and growth potential,” he said.
The transaction remains subject to customary works council procedures and regulatory clearance.