Germany SVP to acquire Apcoa
Investment & financeschedule 23 October 2023
Apcoa operates more than 1.8 mln parking spaces across 13,000 sites in over 400 cities
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Apcoa Parking Holdings and Strategic Value Partners, LLC and its affiliates (together, SVP), a global alternative investment firm with over USD 18 bln of assets under management, has announced that SVP-managed funds have entered into an agreement to acquire 100 pct of Apcoa, Europe’s leading parking infrastructure operator.
The transaction is expected to close in the next three months, subject to receipt of required regulatory approvals as well as other customary closing conditions.
Apcoa provides car park management services across Europe and operates more than 1.8 mln parking spaces across 13,000 sites in over 400 cities. With app. EUR 900 mln in annual revenues, Apcoa is a trusted partner for private and public real estate owners providing outsourced services for parking centres, electric vehicle charging stati
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