CarTrawler, an online global car rental platform, has reached an agreement to acquire Cabforce, a Finnish-based provider of taxi booking solutions. CarTrawler is backed by funding from BC Partners and Insight Venture Partners.
“Everyone at CarTrawler is excited to welcome the Cabforce Team into our business,” said Mike McGearty, CarTrawler CEO. “CarTrawler already has the most comprehensive range of car rental available online. Now with the addition of Cabforce content and specialist expertise to our existing portfolio of ground transportation products, we will significantly enhance the level of service, product range and availability for customers.”
Founded in 2009 in Helsinki, Finland, Cabforce is available at over 200 locations in 54 different countries and on six continents.
“The team at Cabforce is proud of the exceptional service that we provide our trade partners with,” said Andreas Hansson, Cabforce CEO and co-founder. “Our acquisition by a company of CarTrawler’s stature is testimony to the strength of the business that we have created. Our partners and suppliers will benefit from this investment through enhancements in technology, data science and conversion capabilities which will strengthen our value proposition significantly. …”