MPT Mobility Corp., the technology-forward, innovations arm of Metro Pacific Tollways Corp., said Thursday it acquired Assist and Assistance Concept Inc., a wholly-owned company of AXA Partners Holding SA which operates subscription-based roadside assistance in the Philippines.
“The acquisition of AACI is a win-win for the parties involved and their respective teams. 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 on improving customer experience,” MPT Mobility director Rodrigo Franco said.
The strategic move reinforces MPT Mobility’s commitment to improving the mobility landscape in the country by providing comprehensive technology-based solutions which address transport and mobility challenges and enhance the travel experience of motorists and commuters.
“We look forward to coming under the management and guidance of MPT Mobility. With the combination of our expertise and the MPT Mobility capabilities, our clients will benefit from a holistic mobility ecosystem,” AACI chief executive Ronald Carrillo said.
Besides roadside assistance solutions, AACI also offers travel and medical assistance and other essential offerings, catering to the diverse needs of its clients.
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.
AACI will operate under MPT Mobility’s Smart Mobility Solutions Division headed by vice president Mark Richmund De Leon.