Halcyon Equity Partners is excited to announce a strategic minority investment in Wheelsys S.A., a prominent Greek company providing SaaS solutions for the global car rental and car leasing sector. Wheelsys serves more than 1,000 customers in 100+ countries worldwide through its flagship product, an integrated system for car rental, operating leasing and fleet management.
As the global car rental and leasing industries experience an increasing demand for digital transformation —driven by emerging mobility trends, the move away from car ownership, fleet efficiency needs and regulatory shifts— the opportunity for SaaS solutions has never been more significant.
With a scalable SaaS model and expansion opportunities through upselling, cross-selling and international growth, the Company is poised for rapid value creation. This strategic investment aims to accelerate Wheelsys’ growth and strengthen its position as a global leader. Halcyon Equity Partners will provide growth capital, industry expertise and strategic partnerships to accelerate expansion and assist in the Company’s market leadership.
“This investment perfectly embodies Halcyon Equity Partners’ “Invest in the Best of Greece” strategy, as we back high-growth, tech-driven Greek companies with the potential to scale globally. Wheelsys S.A. is a prime example of a mature scale-up that is revolutionizing the car rental and leasing industry through cutting-edge SaaS solutions. With our support, we aim to accelerate its expansion, drive innovation, and solidify Greece’s position as a hub for world-class technology enterprises.”, stated Eleni Bathianaki, Managing Partner, Halcyon Equity Partners.
“Partnering with Halcyon Equity Partners is a significant step forward for Wheelsys. Their industry knowledge, strategic resources, and commitment to sustainable growth align perfectly with our vision to expand globally, develop innovative solutions, and enhance our operational efficiency. We are excited about the opportunities this partnership will unlock as we work together to revolutionize the car rental and leasing SaaS market.”, stated Vassilis Devletoglou, Founder and CEO, Wheelsys S.A.
Halcyon Equity Partners’ commitment to responsible investment will support Wheelsys S.A. in integrating sustainability into its core business model, aligning with its values of responsibility, ethics and environmental consciousness, while promoting long-term value creation and strong governance standards.
About Halcyon Equity Partners
Halcyon Equity Partners S.C.A. SICAR is a private equity fund that invests in mature Scale-up and Growth SMEs & Small Mid-Caps in Greece, with the goal of driving their growth. With AuM of more than €170Μ, Halcyon Equity Partners focuses on companies with strong management teams across various sectors, depicting a competitive edge and a scalable business model, showing strong growth potential.
About Wheelsys S.A.
Founded in 2004 and headquartered in Athens, Greece, Wheelsys S.A. is a SaaS company that has developed an easy-to-use and feature-rich car rental system used by hundreds of companies around the world, with express intent of developing software that supports the car rental industry. Their flagship product, the Wheels Car Rental System is an integrated Car Rental, Operating Leasing and Fleet Management System used by more than 1,000 operators in 100+ countries around the globe. Company’s Mission: “By providing technology expertise and enabling operational performance, we empower car rental operators to stay ahead in the digital era.