Alpacar Associates acted as financial advisor to Mediterra Capital Partners in the sale of its portfolio company Mobiliz

2020

Mediterra Capital Partners (“Mediterra”) sold its portfolio company Mobiliz to GPS Bulgaria. Alpacar Associates acted as the financial advisor to Mediterra Capital Partners. This transaction underscores Alpacar Associates’ expertise in serving private equity firms and adds to our consistent track record of successfully executing competitive sell-side M&A processes.

Founded in 2004, Mobiliz is the 2nd largest cloud-based telematics service provider in Türkiye and has a flexible platform allowing integration of 3rd party solutions including asset tracking, person & pet tracking, school bus tracking.

Following this transaction, GPS Bulgaria becomes a regional champion of telematics services sector in Central Eastern Europe with more than 400k units of active devices. Mobiliz becomes GPS Bulgaria’s regional hub in developing new R&D projects and for further growth in customer base in Central Eastern Europe and Türkiye.

Alpacar reached out to a broad universe of potential buyers and supported Mobiliz and GPS Bulgaria to assess potential synergies. Alpacar showcased its unique ability to secure outstanding outcomes in cross-border transactions involving strategic buyers.