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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
Daimler Invests in Fleet Management Solution


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.

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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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