04 March 2022 Press releases

Digitization of public trans­port: GvW advises Israeli HopOn Mobi­lity Ltd. on the acqui­sition of TAF mobile GmbH

HopOn Mobility Ltd. is the new sole shareholder of TAF mobile GmbH. In this cross-border M&A transaction, the Israeli tech company was advised by a team  from GvW Graf von Westphalen.

TAF mobile GmbH will continue to offer software solutions focussing on the German public transport market in cooperation with public transport authorities and smart city organisations. With the entry of HopOn, the Jena-based company expands its product portfolio with an internationally proven Mobility as a Service (MaaS) platform.

Headquartered in Israel, HopOn Mobility Ltd. develops mobility, ticketing and BigData solutions, for the public transport of the future. MaaS services on HopOn's platform offer postpaid and account-based billing and best-price models. Cloud-based technologies provide companies with analytics tools with real-time data on number of passengers or journeys.

GvW advised HopOn Mobility Ltd. through Dr. Marco Zessel (lead), Jan Hüniken, Sina Reck (all M&A), Nicolas M. Dumont (IP), Andrea Torka (financing), Karsten Kujath (labor law) and Sven-Erik Holm (IT law, all Frankfurt a.M.).

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