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Enterprise Smart Public Transport Platforms sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Enterprise Smart Public Transport Platforms

1.1 - About Enterprise Smart Public Transport Platforms sector

Companies in the Enterprise Smart Public Transport Platforms category build software ecosystems that orchestrate bus, rail, and microtransit operations end to end. They unify real-time vehicle telemetry, digital ticketing, passenger information, and planning workflows to improve service reliability and rider experience. Buyers use these platforms to modernize legacy systems, automate operational decisions, and deliver integrated mobility services across cities and regional networks.

Strategic buyers in this space typically offer real-time fleet management with automatic vehicle location, dynamic dispatch and headway control, and computerized driver scheduling and rostering. Vendors provide digital ticketing and account-based fare collection, journey planning and RTPI feeds, and operations control centers for incident management. They integrate vehicle telematics, CCTV and sensors for safety, predictive maintenance analytics, and demand forecasting engines to optimize routes, capacity, and on-time performance.

Primary customers include municipal transit authorities, city and regional transport agencies, and bus or rail operators. These platforms enable measurable outcomes such as reduced operating costs through optimized schedules, improved on-time performance via real-time control, increased ridership from better passenger information and seamless payments, and stronger safety and compliance using telemetry, incident management, and audit trails—all supporting data-driven planning and service reliability.

2. Buyers in the Enterprise Smart Public Transport Platforms sector

2.1 Top strategic acquirers of Enterprise Smart Public Transport Platforms companies

Dejero Logo

Dejero

HQ: Canada Website
  • Description: Provider of critical connectivity solutions that blend multiple network connections to deliver reliable internet and live video for mission-critical communications, broadcasting, public safety and other applications through its Smart Blending Technology, mobile transmitters and receivers.
  • Key Products:
  • Smart Blending Technology: Aggregates cellular, satellite and other links into one resilient pipeline, ensuring unbreakable connectivity when traditional networks fail during emergencies and remote operations
  • EnGo mobile video transmitter: Portable unit encodes and transmits high-quality live video using Smart Blending, enabling broadcasters to stream reliably from studios, trade-show floors or the field
  • WayPoint receiver: Rack-mount receiver decodes and outputs feeds sent by EnGo, delivering stable, multi-camera video reception for broadcast production workflows
  • End-to-end connectivity solutions suite: Integrated hardware, software and services that provide reliable internet and video links for live events, public safety, education and fleet operations.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Enterprise Smart Public Transport Platforms sector

M&A buyer group 1: Rail IT

24 companies View group →
Description: Companies in this category build enterprise-grade software that digitizes passenger rail operations, sales, and customer experiences. Enterprise Passenger Rail Software providers deliver platforms for end‑to‑end journey management, combining ticketing, reservations, scheduling, and real-time information to streamline service delivery. Their systems help rail operators modernize distribution, integrate payments, improve operational control, and provide consistent passenger communications across web, mobile, station, and partner channels.
Thales

Thales

Website HQ: France
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of advanced technology, equipment and service solutions across aerospace, space, transportation, defence and security markets, supplying sophisticated onboard aviation systems, civil and military satellites, rail signalling and train control solutions, electronic warfare sensors, missile systems, secure mobile communications, encryption technology and command-and-control platforms.
  • Key Products:
  • FlytCare: Turnkey maintenance service supporting airline IFEC systems with customized spares, repairs, logistics and performance guarantees, ensuring seamless operations and high seat dispatch rates
  • Network Operations Center (NOC): 24/7 Network Operations Center monitors aircraft connectivity, uses LiveConnect for real-time issue detection, coordinates with satellite providers and engineers to rapidly restore committed service levels
  • Cybersecurity Operations Center (CSOC): Centralized Cybersecurity Operations Center delivers threat intelligence, dashboards, vulnerability management, log archiving and automated response, ensuring continuous detection, prevention and rapid mitigation of cyber incidents
  • Aircraft Technical Services (ATS): Aircraft Technical Services deliver on-wing line maintenance, system checks, cabin sweeps and performance planning to maximize ground time usage and minimize passenger disruption.
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Buyer group 2: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Enterprise Smart Public Transport Platforms sector

3.1 - Buyout funds in the Enterprise Smart Public Transport Platforms sector

Buyout Funds investing in Enterprise Smart Public Transport Platforms companies

51+ funds
Description: Buyout funds focused on Enterprise Smart Public Transport Platforms companies globally.

TPG

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Enterprise Smart Public Transport Platforms
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Enterprise Smart Public Transport Platforms sector

Growth Equity Funds in Enterprise Smart Public Transport Platforms companies

41+ funds
Description: Growth equity funds focused on Enterprise Smart Public Transport Platforms companies globally.

Partech

Website HQ: France
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Enterprise Smart Public Transport Platforms
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Enterprise Smart Public Transport Platforms companies

4.2 - Public trading comparable groups for Enterprise Smart Public Transport Platforms sector

Valuation benchmark group 1: Fleet Telematics and Mobility Software

3 companies View group →
Description: Companies in this group provide connected fleet and mobility software that combines telematics, HD mapping/navigation, location data, and fleet payments. Business models center on SaaS subscriptions, data licensing, and payment transaction fees, often sold to enterprise fleets and transportation stakeholders. They are grouped as comparables given recurring software/data revenues, usage-based payments, and overlapping customer bases across fleet operations, automotive, and urban mobility.
  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of corporate payment solutions and fleet management services, offering fuel cards, data and telematics services, and virtual payment solutions to streamline business operations and manage expenses for commercial and government fleets worldwide.
  • Key Products:
  • Fleet Fuel Cards: Fuel management and payment cards for commercial fleets
  • Virtual Payments: Payment solutions for travel agencies and cross-border transactions
  • Telematics Services: Data and telematics offerings for fleet management
  • Health Benefits Administration: Plan administration services for consumer-directed health benefits
  • Analytics Solutions: Expense and capital management tools for fleets.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Enterprise Smart Public Transport Platforms sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Enterprise Smart Public Transport Platforms sector

Who are the top strategic acquirers of Enterprise Smart Public Transport Platforms companies?

Top strategic buyers in this sector include Dejero, a provider of critical connectivity solutions that blend multiple network connections to deliver reliable internet and live video for mission-critical communications, broadcasting, public safety and other applications through its smart blending technology, mobile transmitters and receivers. .

Which buyer groups are most relevant for Enterprise Smart Public Transport Platforms companies?

Relevant strategic buyer groups similar to the Enterprise Smart Public Transport Platforms sector include Rail IT because they share similar customer segments and product capabilities.

Financial Investors in Enterprise Smart Public Transport Platforms sector

Which are the top PE firms investing in Enterprise Smart Public Transport Platforms companies?

Potential investors in the broader Enterprise Smart Public Transport Platforms space include Partech and TPG.

Who are the top buyout funds acquiring Enterprise Smart Public Transport Platforms companies?

Active PE funds and buyout funds acquiring companies in the Enterprise Smart Public Transport Platforms space include TPG.

Who are the top growth equity funds investing in Enterprise Smart Public Transport Platforms companies?

Growth funds investing in the broader Enterprise Smart Public Transport Platforms sector include Partech.

Valuation of Companies in Enterprise Smart Public Transport Platforms sector

Which are the key public companies that are relevant trading comps for Enterprise Smart Public Transport Platforms companies?

Key trading comparable groups include WEX, a provider of corporate payment solutions and fleet management services, offering fuel cards, data and telematics services, and virtual payment solutions to streamline business operations and manage expenses for commercial and government fleets worldwide..

Which are the key trading comparable groups for Enterprise Smart Public Transport Platforms companies?

Similar trading comparable companies include Fleet Telematics and Mobility Software. Our platform tracks detailed trading comparable groups in the Enterprise Smart Public Transport Platforms sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Enterprise Smart Public Transport Platforms sector?

Our platform tracks M&A transactions in the Enterprise Smart Public Transport Platforms sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Enterprise Smart Public Transport Platforms?

Access recent funding rounds in the Enterprise Smart Public Transport Platforms sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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