Aalto Capital advises Fostering Mobility SL ("Meep") on Strategic Transaction with Alsa Grupo SLU

By: Aalto Capital
 
MADRID - Nov. 5, 2025 - PRLog -- Aalto Capital is pleased to announce that it has acted as the exclusive financial advisor to Fostering Mobility SL ("Meep"), a leading Spanish mobility-as-a-service (MaaS) technology company, on the sale of a controlling stake to Alsa Grupo SLU ("Alsa"), Spain's largest private transport operator and a wholly owned subsidiary of Mobico Group Plc (formerly National Express Group).

The transaction marks a major milestone for Meep, accelerating the deployment of its MaaS solutions, supported by Alsa's extensive transport network and Mobico's global reach. Together, Meep's digital innovation and Alsa's operational excellence will strengthen Meep's integrated mobility offerings, improve customer experience, and advance sustainable transport.

This strategic alliance strengthens Europe's most robust MaaS ecosystem, bringing together over 170 integrated mobility operators. Meep raised €11.6 million across four funding rounds, enabling deployment in 25 cities across seven countries. Its major collaborations include Aena, Malta Public Transport, Telefónica, and Xunta de Galicia.

Exiting investors Openvía Mobility SL ("Openvía") and LIIL CVC, SAPI de CV ("LiiL Ventures") also participated in the round.

While financial terms of the deal were not disclosed, the transaction underscores growing investor interest in scalable smart mobility platforms and reflects consolidation trends across the European transport technology sector.

Aalto Capital also thanks Tomás F. Serna, who acted as legal advisor to Meep.

"This transaction represents a turning point for Meep, providing the resources and industrial partnership to scale our vision of more sustainable and connected urban mobility. We are delighted to have had Aalto Capital by our side throughout the process, ensuring the best outcome for our team, partners, and customers." - Armando Heras, CEO of Meep

About Meep (Fostering Mobility SL)

Meep is a leading mobility-as-a-service (MaaS) platform provider. Its proprietary software integrates multiple modes of transport into a single, user-friendly application, enabling seamless journey planning, ticketing, and payment across urban mobility ecosystems.

About ALSA / Mobico Group
Alsa is Spain's leading sustainable mobility operator, providing urban, regional, long-distance, and tourist transport services in six countries. It is part of Mobico Group, a UK-based international transport company active across Europe, North America, and the Middle East.

About Openvía
Openvía acts as Globalvía's innovation arm, developing digital and smart-mobility solutions that advance sustainable, connected transport.

About LiiL Ventures
LiiL Ventures is a private investment firm backing technology-driven companies in mobility, energy transition, and smart infrastructure.

About Aalto Capital
Aalto Capital is a European corporate advisor providing M&A, financing, and strategic advisory services. The Meep transaction was originated by GrowthWorks, now part of Aalto Capital.

https://aaltocapital.com/

Contact
Martine Brechter
uk@aaltocapital.com
+44 207 839 7112
End
Source:Aalto Capital
Email:***@aaltocapital.com
Tags:Mobility
Industry:Technology
Location:Madrid - Madrid - Spain
Subject:Mergers
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