Lyft Acquires FREENOW From BMW Group and Mercedes-Benz Mobility
July 31, 2025
Lyft has completed (per Lyft’s update) its acquisition of FREENOW, a leading European multi-mobility app centered on taxis. The deal was previously announced as a definitive agreement for about €175 million (about $197 million) in cash, with FREENOW continuing to operate with its leadership team across multiple European countries.
- Buyers
- Lyft, Inc.
- Targets
- FREENOW
- Sellers
- BMW Group, Mercedes-Benz Mobility
- Industry
- Transportation
- Location
- Germany
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Lyft to Acquire Gett UK Business to Expand London Black Cab and Ground Transport Coverage
April 23, 2026
Transportation
Lyft has agreed to acquire Gett’s United Kingdom business, with closing expected in the coming weeks subject to customary closing conditions. The deal is intended to expand Lyft’s London ground transport coverage and nearly double rides on the Lyft platform across the capital by bringing Gett’s black cab driver network onto Lyft.
-
Beyond Now Secures Majority Investment From Bregal Milestone
December 13, 2025
Cloud & SaaS
Beyond Now has secured a majority investment from European software private equity firm Bregal Milestone to accelerate global expansion, deepen product innovation, and strengthen customer success as it enters its next growth phase. The transaction is expected to close in the first quarter of 2026, subject to customary regulatory approvals.
-
FreeWire Technologies Acquires Mobilyze.ai
December 8, 2022
AI & Machine Learning
FreeWire Technologies has acquired Mobilyze.ai, an AI-driven EV charging analytics and prediction platform. The acquisition adds location analytics and utilization-forecasting capabilities to FreeWire’s EV charging and energy management offerings to help site hosts optimize charger placement and ROI.
-
Livingbridge Acquires CitNOW Group from Tenzing
July 19, 2022
Software
Livingbridge has invested in CitNOW Group, a UK-based provider of front-office software for automotive dealerships, in a deal that sees Tenzing exit while materially reinvesting alongside the new investor. Tenzing generated a 9.6x return on its investment and a 74% IRR; Livingbridge said the investment will accelerate CitNOW's product roll-out, acquisitive growth in the UK and Europe, and further technology development.
-
EasyPark Group Acquires PARK NOW Group
June 1, 2021
Cloud & SaaS
EasyPark Group has completed its acquisition of PARK NOW Group after receiving antitrust approval, with all assets and liabilities transferred from BMW Group and Daimler Mobility AG to EasyPark Group effective June 1, 2021. The combined company will be led by EasyPark CEO Johan Birgersson and aims to scale global digital parking, EV charging and mobility services across more than 3,200 cities. The parties agreed not to disclose transaction terms.
-
B2Gnow Completes Acquisition of Panther International
May 25, 2021
Cloud & SaaS
B2Gnow, a GovTech provider of supplier diversity and diversity contract compliance software backed by Polaris Partners, completed its acquisition of Panther International, a public-sector grant management and compliance software provider. The combined platforms are intended to expand capabilities across federal, state, and local transportation agencies, including DOTs and airports.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.