CarWise has acquired Carano, a German software provider specializing in fleet management, to bolster its growth strategy in the German automotive leasing market.

Target Information

CarWise, a prominent Dutch provider of modular Enterprise Resource Planning (ERP) solutions tailored for the automotive leasing and rental sectors, is advancing its growth trajectory in Germany through its recent acquisition of Carano. Carano is a reputable German specialist in fleet management and leasing software, known for its innovative solutions that enhance operational efficiency for businesses in the automotive industry.

This strategic acquisition positions CarWise to leverage Carano's expertise and market presence, allowing it to expand its service offerings and customer base within the German market and beyond. By integrating Carano's advanced fleet management systems, CarWise aims to deliver enhanced modular solutions that cater to the evolving needs of automotive leasing companies.

Industry Overview

The automotive leasing and fleet management industry in Germany has witnessed significant growth in recent years. As companies increasingly prioritize cost-efficiency and productivity, the demand for advanced software solution