Daimler AG acquired Kapten back in December 2017. More recently, Daimler AG and BMW Group agreed to merge their urban mobility services into a single holding company. Both German car manufacturers own a 50% stake each in five joint ventures — Reach Now, Charge Now, Park Now, Free Now and Share Now. Free Now was originally created as the parent company of mytaxi, Kapten, Clever Taxi and Beat. Mytaxi then rebranded to Free Now and started using Free Now as the name of the service.