Announced

Completed

CarWise completed the acquisition of Carano Software Solutions.

Synopsis

CarWise, a company which specialises in developing high-performance mobility solutions for businesses in the mobility sector, completed the acquisition of Carano Software Solutions, digital solutions company for the fleet and mobility industry. Financial terms were not disclosed. The acquisition provides CarWise with direct access to the German market, complemented by a local team of experienced professionals and an established customer base. By combining their complementary strengths in leasing ERP and fleet management platforms, the two companies are creating a broader, highly specialized ERP offering for leasing companies, fleet operators, and mobility providers across Europe.

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