M&A

Waiis buys corporate mobility startup SharetoGo to target business market

What's the deal? Catalan shared-mobility platform WaiisDealroom has a profile for this one. Try Dealroom → has acquired SharetoGoDealroom has a profile for this one. Try Dealroom →, a startup specialising in mobility solutions for companies. Waiis confirmed the deal in a statement on Friday but did not disclose the amount.

What changes? SharetoGo founder and chief executive officer Mario Levy joins Waiis to lead its corporate mobility division. The integration lets Waiis speed up development of solutions for the business market and add talent.

What's the endgame? Waiis chief executive officer Paulo Gómez said the hire will accelerate a strategic line that will be "key" for growth in the coming years. "We are not only acquiring a company; we are bringing in knowledge, experience, and a shared vision of how mobility should evolve within companies," he added (translated from Catalan).

Why now? Waiis said the deal comes as workplace mobility takes on a strategic role for companies, shaped by the requirements of Spain's new sustainable mobility law.

The signal: The acquisition points to consolidation in corporate mobility as regulation pushes employers to rethink how staff commute.

Read more: Via Empresa

Image credit: Generated with Gemini

Source: dealroom

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