Aequo advised BlaBlaCar in connection with the acquisition of Ukrainian company Octobus, which has developed a state-of-the-art Inventory Management System for the automation of bus passenger transportation.
BlaBlaCar is the world’s leading community-based travel network, enabling more than 90 million members to share a ride across 22 markets. BlaBlaCar leverages technology to fill empty seats on the road, connecting members looking to carpool or to travel by bus, and making travel more affordable, sociable and convenient. BlaBlaCar’s environmentally and human-friendly mobility network saves 1.6m tons of CO2 and enables 120 million human connections every year.
“That is a remarkable deal for the Ukrainian technology sector. We are delighted to advise BlaBlaCar on this project, which helps to expand its capabilities. The projects where the talented team of Ukrainians is promoted by such market leaders as BlaBla Car are indeed inspiring,” – comments Anna Babych, M&A partner at Aequo, who led the project.