Main Capital launches logistics software group FleetGO Group

Main has bought logistics software companies Wanko and FleetGO.

  • FleetGO Group will serve the SME and corporate market in the DACH and Benelux regions
  • Combined 2022 revenues for FleetGO Group are forecast to grow towards €20 million
  • Revenues are predicted to increase at a double-digit growth rate

Main Capital has announced on Thursday that it has acquired logistics software companies Wanko and FleetGO. It has combined the two companies to form a new logistics software group, FleetGO Group.

The new group will serve the SME and corporate market in the DACH and Benelux regions with Wanko based in Ainring, Germany and FleetGO based in Hattem, the Netherlands. The group will be led by the former CEO of FleetGO, Ronald van Tiel, who is a minority investor in the new group.

Combined 2022 revenues for FleetGO Group are forecast to grow towards €20 million and are predicted by the firms to increase at a double-digit growth rate. The newly formed group will employ approximately 150 people and will look to address industry challenges such as labour shortages, managing increasingly complex networks, and implementing ESG strategies by designing more efficient processes and reducing emissions.

“The market for supply chain software offers significant growth opportunities for the DACH and Benelux regions and is also becoming increasingly important for companies from an ESG standpoint,” said Sven van Berge, head of DACH activities at Main Capital Partners.

Main Capital Partners is a Dutch private equity firm headquartered in The Hague. It targets enterprise software companies in the Benelux, DACH and Nordic regions and has over €2.2 billion in assets under management.