MPT Mobility Corp. (MPT Mobility), a subsidiary of Metro Pacific Tollways Corp. (MPTC) and a mobility solutions company, has acquired Assist and Assistance Concept Inc. (AACI), a subscription-based roadside assistance service provider.
MPT Mobility’s primary objective is to improve the mobility landscape within the country by offering comprehensive technology-driven solutions through AACI. AACI was wholly owned by AXA Partners Holding SA.
In addition to its flagship roadside assistance services, AACI, which was established in 2011, also delivers travel and medical aid, catering to the diverse requirements of motorists. The Smart Mobility Solutions Division of MPT Mobility will oversee the operations of AACI.
“The acquisition of AACI is a win-win for the parties involved and their respective teams,” said Rodrigo Franco, director, MPT Mobility. “It enables the provision of service to a broader market, including B2C clients; while bringing MPT Mobility a step closer to its goals of providing an expanded mobility ecosystem centered on improving customer experience.”
The acquisition also enhances AACI’s market position as a leading player in the roadside assistance market while empowering MPT Mobility to augment its mobility solutions for key urban centers across the country.
“We look forward to coming under the management and guidance of MPT Mobility,” said Ronald Carrillo, CEO, AACI. “With the combination of our expertise and the MPT Mobility capabilities, our clients will benefit from a holistic mobility ecosystem.”