Nautal was acquired by Click & Boat from France.

Nautal, a Barcelona, Spain-based nautical charter marketplace operator, announced that it was acquired by the French competitor, Click & Boat.

Financial details of the deal were not disclosed.

Nautal, founded in 2013 and led by CEO Octavi Uyá, operates a marketplace for boat charters in Spain and internationally. The company raised more than 4 million in capital investment, backed by Caixa, Market One Capital and the Decame Group.

Click and Boat (Click & Boat), founded in 2013 by Edouard Gorioux and Jérémy Bismuth, operates a boat rental platform, enabling private and professional boat owners to rent out their boats to holidaymakers and other sailing enthusiasts, based on the sharing economy model.

This is Click & Boat's second acquisition in 2020, after having acquired Scansail, one of its main competitors in German-speaking markets in March.

The company has raised about $6 million to date and is backed by OLMA Capital Management, an independent alternative asset management group focused on private equity in the premium and luxury sectors across Europe.