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Daimler Invests in Fleet Management Solution
Daimler Financial Services acquired a minority stake in FleetMaster, a Belgian company, through a capital increase.
March 14, 2019
Frederik De Witte, FleetMaster co-founder, accepts first place innovation award at the Link2Fleet event in Brussels, Belgium.
Photo courtesy of FleetMaster.
1 min to read
FleetMaster, a software developer of cloud-based fleet and asset management solutions for rental and leasing companies, today announced Daimler has partnered with it through an investment made by the Daimler Financial Services division to acquire a minority stake in the Belgian company through a capital increase.
The investment will also support global scaling of FleetMaster and will allow the company to continue its path as mobility solution provider.
FleetMaster was founded in 2011 by Tom Coene, Frederik De Witte, Willem Dumon, and Jochen Firey.
It has offices in Ghent and Los Angeles and builds software on a global scale targeted at companies in
the asset rental and leasing industry. FleetMaster offers a cloud-based, highly customizable software
application that enables companies to manage and optimize their fleet and assets.
The ERP platform is tailored to the needs of the sector and its customers in a SaaS setup and developed with a continuous focus on using modern technologies.
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