CARYA strengthens position in automotive sector with acquisition of German IT specialist Dagosoft
CARYA takes a new step in the group’s European growth story with the acquisition of Dagosoft GmbH, a leading German software and data expert. With this acquisition, CARYA strengthens its position as a European reference in integrated IT solutions and data-driven services for the automotive sector.
Dagosoft was founded in 1992 by Reinhold Degenhart and is an established player in software management and data analysis for automotive dealers. The company processes data from over 1,500 German dealer locations through interfaces with 25 different systems – ranging from DMS and CRM to accounting, time recording, and workshop planning. With its proprietary KPI dashboard, it translates this data into clear insights on sales, inventory, and aftersales.
Through the integration of Dagosoft, CARYA expands its expertise in business analytics and data integrations, further establishing the group’s position as a technology accelerator that offers clients greater efficiency, valuable insights, and new growth opportunities. The acquisition of Dagosoft also strengthens the group’s presence in one of Europe’s largest automotive markets and is an important step for CARYA towards becoming the leading European IT partner for the automotive dealership industry. With this, CARYA completes its fourth strategic acquisition since partnering with Pride Capital Partners in December 2022, thereby further accelerating the ambitious joint buy-and-build strategy.
Anthony Van Praet, Investment Manager at Pride Capital Partners: “The acquisition of Dagosoft enables Carya to strengthen its presence in Germany, while enhancing the value delivered to existing clients. This strategic transaction opens up multifold opportunities for future growth.”
Reinhold Degenhart, founder and Managing Director of Dagosoft: „Since our founding in 1992, we have gradually built Dagosoft into a specialist in DMS support, data extraction, and business analytics. Thanks to our extensive client portfolio and the processing of their business data – from sales results to aftersales transactions – we have built a strong market position. We are proud of what we have achieved over the past three decades. Joining CARYA allows us to deploy our technology and solutions on a larger scale and to serve our customers even better.“
Didier Passchier, co-CEO of CARYA: „Dagosoft brings exceptional scale and expertise. Their KPI dashboard and knowledge of data integrations align perfectly with our vision to strengthen our clients‘ businesses through greater efficiency, valuable insights, and new growth opportunities. This acquisition is not only an expansion of our portfolio, but also an important lever to support clients more effectively and in a more future-oriented way.“
Patrick Vanbrabandt, co-CEO of CARYA: „With the acquisition of Dagosoft, we welcome a strong technology partner while gaining access to an important European region. Having a local presence remains crucial for us to serve clients in the best possible way. By smartly combining our products and services, we want to be a driving force in their digital transformation.“
About CARYA
CARYA is a forward-thinking and fast-growing provider of integrated IT solutions for the automotive industry. With expertise in dealer management systems for car, commercial vehicle, and truck dealers, plus additional tools and services for CRM, marketing, hardware, and IT infrastructure, CARYA helps companies digitize and optimize their business processes for sustainable growth.
The group combines innovative technology with deep industry experience and is building a strong European network that offers clients greater efficiency, valuable insights, and new growth opportunities. CARYA helps clients in Belgium, Luxembourg, the Netherlands, Switzerland, France, and now Germany achieve their goals while taking steps toward obtaining a market leader position in the European automotive IT market.
About Pride Capital Partners
Pride Capital Partners is a semi-strategic investment company specialized in private debt and equity. Pride invests in profitable and growing companies in the software and IT services industry with flexible capital solutions to support growth, acquisitions, and management buy-out transactions. The geographic focus is on companies in the Benelux, DACH and Nordics region, which are served from our offices in Amsterdam, Cologne and Copenhagen.
Pride Capital Partners is financed by its own shareholders, institutional investors, high net worth individuals and family offices. The portfolio includes amongst others Benelux companies Tyneso, Fivespark, Carya, Ixly, Matrixian, Archipel Academy, ScanmarQED, Netaxis, Fairbanks, Blue Field Agency, Spotzer and Worldmeetings as well as DACH companies eKomi, Rubicon, moveXM, Kendox, Architrave, GBC and Link11. In the Nordics, Pride Capital invested in EasyTranslate and CCIT.