Pivotum Capital has acquired FLOYT Mobility, the parent company of leading online car rental platforms billiger-mietwagen.de and CARIGAMI, for an undisclosed amount. This corporate acquisition marks a significant strategic move for Pivotum Capital, integrating a well-established player in the online travel sector into its portfolio. This transaction is a direct purchase of the company, not a funding round.
FLOYT Mobility, through its flagship brand billiger-mietwagen.de, has built a strong reputation over two decades as a trusted expert in car rental. The platform is known for helping customers find optimal deals and providing comprehensive guidance throughout the entire car rental experience, from initial search to key return. With over 2 million customers served, billiger-mietwagen.de emphasizes a worry-free and hassle-free booking process, ensuring no unexpected surprises for its users through tailored customer assistance.
The acquisition is strategically aimed at strengthening Pivotum Capital's presence in the digital travel market. By integrating FLOYT Mobility's proven operational model and extensive customer base, Pivotum Capital is poised to leverage the established brand equity and deep industry expertise of billiger-mietwagen.de and CARIGAMI. This move is expected to create synergies through enhanced market reach and operational efficiencies, further solidifying the combined entity's position in the competitive online car rental landscape.
Looking ahead, the combined entity is expected to continue its focus on delivering reliable and customer-centric car rental solutions. The acquisition provides FLOYT Mobility with new resources and backing, enabling further innovation and expansion while maintaining its commitment to a seamless and transparent booking experience for travelers worldwide.