APCOA Parking Holdings (“APCOA”), Europe’s leading parking infrastructure operator, and Strategic Value Partners, LLC and its affiliates (together, “SVP”), a global alternative investment firm with over $18 billion in assets under management, today announced that SVP-managed funds have completed the previously announced acquisition of APCOA following the receipt of all necessary approvals.
To learn more about the APCOA Parking Holdings acquisition, please view the October 2023 press release announcement here.
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About APCOA PARKING Group
APCOA PARKING Group is Europe's leading parking operator with 50 years of industry expertise. With its 4,700 employees, the company manages more than 1.7 million individual parking spaces at over 12,000 locations. These parking spaces are all situated in the proximity of 70% of the population of APCOAs 13 countries' organizations. With its consistent "asset-light" business model, APCOA is the trusted partner that maximizes value for private and public real estate owners
Via its open digital platform APCOA FLOW, the company connects on-street and off-street car parks with clients, partners, customers, and their vehicles. Based on this technology, APCOA is transforming its car parks into Urban Hubs, providing the physical and digital infrastructure for mobility, logistics, e-charging, and technology-based services. Customers profit from innovative and convenient experiences provided by APCOA and its partners which use the car parks to deliver their services. The environment also benefits as the company actively contributes to the reduction of emissions in cities by decreasing the volume of traffic for logistics and searching for parking. By connecting parking, mobility, and services for urban life, APCOA is positioned to be an integral part of the digital and physical urban ecosystem.
SVP is a global alternative investment firm that focuses on special situations, private equity, opportunistic credit and financing opportunities. The firm uses a combination of sourcing, financial and operational expertise to unlock value in its portfolio companies. Today SVP manages over $18 billion in assets under management, and since inception, has invested more than $45 billion of capital, including nearly $18 billion in Europe. The firm, established by Victor Khosla in 2001, has approximately 200 employees, including approximately 90 investment professionals, across its main offices in Greenwich (CT) and London, and a presence in Tokyo. Learn more at www.SVPGlobal.com.