hlpy Secures €20 Million Funding, Acquires Carvoilà

Italian digital vehicle assistance platform hlpy has successfully concluded a funding round totaling €20 million. Alongside this financial milestone, the company has announced its acquisition of Carvoilà. BNP Paribas BNL Equity Investments is joining hlpy's shareholder structure as part of this development.

The investment aims to bolster hlpy's position within the European market and enhance its service offerings. The company seeks to transform vehicle assistance through digital solutions. The acquisition of Carvoilà is expected to provide synergistic benefits and introduce new technological capabilities, supporting this strategic direction.

"We are pleased to announce this significant funding round and our strategic acquisition," said [CEO Name], CEO of hlpy. "This represents a crucial step in our growth and our ability to better serve our customers across Europe."

hlpy previously received backing from [Previous investors, if known]. The company's objective is to digitalize and streamline vehicle assistance processes, improving the experience for both consumers and service providers.