Rently has acquired Easy Carros for an undisclosed amount, marking a significant corporate acquisition in the vehicle rental and mobility technology sector. This transaction involves Rently purchasing Easy Carros, a leading provider of comprehensive software solutions, rather than a funding round for Easy Carros.
Easy Carros is recognized as the largest partner in Brazil's vehicle rental and mobility segment. The company specializes in empowering small and medium-sized rental companies by providing access to advanced technologies, aiming to increase their revenue, improve operational efficiency, and facilitate fleet growth. Its extensive suite of solutions includes the segment's largest ERP software-as-a-service (SaaS) platform, managing everything from vehicle acquisition and operation to maintenance and demobilization. Easy Carros also offers a platform for documentation and fines management, alongside an AppStore for integrations and a specialized platform for the efficient sale of used vehicles. The company currently serves over 300 rental companies, managing fleets totaling 200,000 vehicles.
This acquisition is a strategic move for Rently, enabling it to significantly expand its capabilities and market presence in the mobility technology landscape. By integrating Easy Carros's robust and proven technology stack, Rently gains immediate access to a comprehensive suite of tools designed for the entire lifecycle of vehicle rental operations. The strategic alignment aims to leverage Easy Carros's strong market penetration in Brazil and its expertise in catering to the operational needs of rental companies, enhancing Rently's overall product portfolio and service offerings.
The combined entity is expected to realize substantial synergies, particularly through the integration of Easy Carros's advanced ERP, documentation management, and used vehicle sales platforms. This consolidation is anticipated to provide rental companies with an even more streamlined and efficient ecosystem for fleet management, from daily operations to strategic decision-making and vehicle disposition. The acquisition aims to deliver enhanced value to customers by combining technological strengths and market reach. The merged operations are poised to drive further innovation and solidify a stronger position within the competitive vehicle rental and mobility technology market.