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- M&A / Private Equity
- The 7 January 2025
Yards advises BlaBlaCar on the acquisition of a majority stake in Obilet
BackYards is advising BlaBlaCar on the acquisition of a majority stake in Obilet, Turkey’s leading coach booking platform and one of the top three players in the global intercity coach market.
Founded in 2012, Obilet is a pioneering Turkish start-up that has played a key role in digitalising the bus market in the region, aggregating the offerings of more than 500 operators. The company provides ticketing infrastructure software solutions to bus operators. Taking into account all of its diversified offerings, such as train and ferry tickets in addition to its core bus ticketing business, Obilet sold around 45 million tickets across 50 countries in 2024.
With this investment, BlaBlaCar, the world leader in car-sharing, is strengthening its strategy to become the world’s benchmark platform for shared, multimodal overland mobility (car-sharing, bus and train).
The Yards team consisted of Eric du Peloux and Jean-Philippe Jacob, partners, and Patricia Khoury, associate.
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