Asia-focused private equity firm Affinity Equity Partners has invested approximately US$100 million in Indonesian auto services group Mitra Pinasthika Majesty (MPM) for an unspecified minority stake. MPM is the franchisee for Honda motorcycles in east Java and reportedly operates 280 showrooms, 600 workshops and more than 1,200 spare parts outlets throughout the country. Affinity’s investment will be used to help MPM set up a vehicle insurance unit and acquire a local car rental business.