Garaj Sepeti is Turkey’s leading auto company that houses a portfolio of brands, widgets and platforms related to selling, buying, and renting a car. Garaj Sepeti has acquired two companies, Tasit.com and Datamotiv, in 2017, and the company’s most recent acquisition involves the leading automotive player, Araba.com.
Araba.com is the third acquisition made by Garaj Sepeti, whose total investments reached 6 million TL. The financial details of the acquisition have not been disclosed, but let us state that Garaj Sepeti has concluded a very important funding round with this acquisition. The details are going to be made public soon. Rumor has it that this is going to be the last funding round for the company.
Garaj Sepeti’s CEO Mehmet Çelikol said there was a lot of interest in the digital transformation products they were offering to car owners, to SMEs and authorities active throughout the automotive sector. He also added that Garaj Sepeti has now become the largest digital automotive company on the Internet by acquisition of Araba.com.
New Acquisitions are in the pipeline
Çelikol said that Araba.com is a millennial company that has accomplished a great deal over the past 15 years. He also stated that they were going to make Araba.com richer and turn it into the leading Turkish company it used to be.
The Good news for existing Araba.com members is that they are not going to see any cuts in the services they currently enjoy. In fact, they will also benefit from services of Garaj Sepeti.
We think it is fair to say that Garaj Sepeti will make new acquisitions in the automotive sector. Let us finish by saying that new Araba.com is going to be online soon.