Acquiring Company
Carbar
Acquired Company
Carasti
United Arab EmiratesTransportationAutomotiveDescription
Carbar is merging with UAE's Carasti to create a combined company valued at $74 million. The merger aims to enhance both businesses' growth and service offerings. Following the merger, the new entity will increase its fleet size to over 3000 vehicles. The companies are seeking $10 million to accelerate this expansion.
M&A Insights
Based on deal dataFrequently asked
Who acquired Carasti?
Carasti was acquired by Carbar. The deal was reported on July 26, 2026. Join the car subscription revolution. Carbar offers exclusive use of a car with insurance, rego, servicing & roadside assist for a fixed weekly fee. Carbar is privately held.
When did Carbar acquire Carasti?
Carbar's acquisition of Carasti was reported on July 26, 2026. Carbar is merging with UAE's Carasti to create a combined company valued at $74 million. The merger aims to enhance both businesses' growth and service offerings. Following the merger, the new entity will increase its fleet size to over 3000 vehicles. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Carasti do?
Carasti is a car subscription service operating in the UAE. It offers innovative monthly car rentals similar to a streaming service model. Carasti aims to provide flexibility and convenience for drivers in the region. It is privately held, operating in Transportation, and is based in United Arab Emirates.