Skagerak Capital has successfully exited its investment in Sharebox through a structured process, highlighting the company's substantial growth and its strong position in the digital solutions market for automotive customer journeys.

Information on the Target

Sharebox, founded in 2016, initially focused on simplifying key handovers for Airbnb rental hosts and guests. The company installed key boxes at retail locations to facilitate this process. However, after Skagerak Capital's investment in 2019, Sharebox shifted its strategy towards the B2B market, concentrating on providing comprehensive customer journey solutions for the automotive sector. This strategic pivot included disposing of its original Airbnb solution to a competitor, refocusing its offerings on enhancing digital customer interactions within mobility services.

Since Skagerak Capital's investment, Sharebox has experienced remarkable growth, elevating its revenue from 2.8 million NOK in 2019 to over 72.5 million NOK in 2023. The company has established itself as a leader in digital solutions for automotive handovers, serving various global car rental brands, manufacturers, car dealerships, and workshops, creating robust market positioning before its successful exit.

Industry Overview in Norway

The automotive and mobility services industry in Norway is undergoing a significant transformation driven by digitalization and evolving consumer preferences. As more consumers gravitate towards digital-first experiences, companies t