Announced
Synopsis
APG, a global pension fund, agreed to acquire a 39% stake in Interparking, a European car park owner and operator, from Canada Pension Plan Investment Board. Financial terms were not disclosed. "This investment in Interparking offers a sustainable long-term business model with strong growth and robust cash generation through its established pan-European platform and its resilient diversified car park portfolio. We are very excited to be working alongside experienced shareholders AG Real Estate and Parkimo in the long term to continue to support Interparking’s outstanding management team to develop and grow their business,” Patrick Kanters, APG's Managing Director Global Real Assets.
Principals
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.