Orikan Joins EQT in Next Phase of Growth as Acquisition Completes

Orikan, a leading provider of integrated parking, enforcement and compliance technology solutions across Australia, New Zealand and North America, today announced the completion of its acquisition by BPEA EQT Mid-Market Growth Partnership (the “MMG Fund” or “EQT”). The deal, first announced in July, has received all required regulatory approvals. EQT acquires Orikan from Five V Capital, which has backed the business since its formation in 2022. EQT, a leading global private markets firm, brings deep experience in the international expansion of technology businesses.