Clipperton acted as exclusive financial advisor to the shareholders of Instant System, the French leader in Mobility-as-a-Service solutions, on the acquisition of a majority stake by a syndicate formed by Meanings Capital Partners and Bpifrance.

Our Client

  • Founded in 2013 and headquartered in Sophia-Antipolis (Alpes-Maritimes), Instant System is the French leader in digital mobility solutions, providing white-label platforms that enable transport authorities and operators to deliver seamless, multimodal travel services – covering information, ticketing, booking, and data analytics.
  • Instant System’s solutions are used daily by more than 20 million people across public transport networks in eight out of thirteen French regions (including Ile-de-France) as well as numerous French metropolitan hubs (Aix-Marseille-Provence, Lyon Métrolople…). Serving more than 100 clients overall, Instant System also has an international presence, with customer references in Southern Europe, North Africa, and North America.
  • Thanks to its strategic application serving as an interface between users, operators, and local authorities, Instant System has established itself as a reference solution in France and internationally. The company relies on robust technology, recognized by major organizations such as the Paris 2024 Olympic Games. It conducts ambitious R&D, leading it to participate in several major European development projects.

Deal Rationale

  • Meanings Capital Partners and Bpifrance are acquiring a majority stake in Instant System from previous investors Demea Invest (who is reinvesting alongside the new investors) and Opera Tech Ventures. Co-founder and CEO Yann Hervouët is reinvesting the vast majority of his stake, and so is the management team. Entrepreneur Invest completes the round via a bond loan.
  • Instant System aims at pursuing its development in the French market, particularly by winning new clients among local authorities and regions. Deploying additional modules is also an identified growth axis in a context where MaaS investments are becoming increasingly strategic for territories. The company also intends to accelerate its international expansion, opening new markets around the world. 
  • Yann Hervouët, CEO of Instant System, stated: “The entry of Meanings Capital Partners is a decisive step for Instant System. We were particularly convinced by their understanding of our market and company culture, their ambition for long-term value creation, and their ability to sustainably support innovative companies in France and internationally”.

Clipperton’s track record in advising Smart Mobility leaders

This transaction reinforces Clipperton’s expertise in advising high-growth technology businesses in the mobility and smart city space, following landmark transactions such as recent investments from Antin in Matawan and Great Hill Partners in Peter Park.

Deal Team 

About Clipperton

Clipperton is a leading international investment bank dedicated to technology and growth companies, with offices in Paris, New York, Berlin, and Munich, as well as partnerships in the Netherlands, the UK, Switzerland, China, Italy, and Spain. We provide strategic and financial advisory services to entrepreneurs, corporates, and top-tier investors in Europe who are looking to execute strategic M&A, private equity, private placements, and debt financing transactions. Founded in 2003, we have completed over 500 deals with fast-growing technology businesses, blue-chip corporates, and renowned financial investors.