Gasola, a B2B fuel management SaaS startup, has been acquired by logistics technology company Nstech, enhancing both parties' market capabilities in a rapidly evolving industry.

Information on the Target

Gasola, a B2B SaaS startup specializing in fuel purchase management and automation, has recently been acquired by logistics technology giant Nstech. The platform includes a web application and a mobile app that facilitate direct engagement between fuel distributors and carriers. Co-founded and led by CEO Ricardo Lerner, Gasola was first launched during a critical phase of the COVID-19 pandemic in 2021.

Ricardo Lerner, whose background includes a tenure at AMBEV, leveraged industry insights to address the operational challenges faced by fleet managers and high fuel expenses. Under his leadership, Gasola increased its monthly recurring revenue from zero in January 2020 to R$29,000 by December 2020 without any external funding.

Industry Overview in the Target’s Specific Country

The fuel market for vehicle fleets in Brazil presents a significant opportunity for disruption, marked by substantial financial transactions, price arbitrage, and tightly squeezed profit margins f