Announced
Completed
Financials
Sources
Tags
Cross Border
Minority
Private Equity
Acquisition
Completed
Private
Friendly
China
Parking Operation
parking services
Synopsis
Goldman Sachs’s venture department and Anchor Equity, a private equity firm, led $100m series B round in Warburg-backed Sunsea Parking, a car parking management firm. With the funding, Sunsea expects to expedite the integration of smart parking services and technologies such as Internet of Things, big data, and AI. “We will be together to create an efficient and safe smart parking platform which aims to expedite the digitalization of the industry,” Xinyi Feng, Goldman Sachs Managing Director.
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