Supported by Pride Capital, CARYA expends with acquisition in France.
CARYA, a leading name in the world of automotive software, announces the expansion of its operations into France and French overseas territories.
The new expansion is a promising next step following previous successful acquisitions in the Netherlands (2021) and Switzerland (2023), and represents an important new milestone in the group's European growth strategy.
CARYA is a full-service partner for automotive dealerships. The Belgian group is a leading provider of dealer management systems (incadea.dms) and add-on software development. CARYA also provides fully integrated IT solutions (hardware, software and telco infrastructure), professional marketing services and CRM solutions.
CARYA's expansion into France comes with the acquisition of the incadea.dms division of French company Solware Auto. Six employees joined CARYA France. With their knowledge and experience, they will ensure that the French branch of the group is immediately operational at a high level.
“The launch of CARYA France is an important step in our strategy to strengthen and further expand our presence in Europe”, said Patrick Vanbrabandt, CEO of CARYA.
Pride Capital Partners supported CARYA, which is a portfolio company of its second fund, in realizing the acquisition. Lars van ‘t Hoenderdaal comments: “By expanding to France, CARYA makes another important move in scaling through Europe. This is a first successful step in building a strong all-in-one IT partner for automotive dealerships in France, just as the company did in other countries already.”
