Announced

Completed

Verdane Capital and Vitruvian Partners-backed EasyPark completed the acquisition of ParkMobile from BMW and Daimler.

Synopsis

Verdane Capital and Vitruvian Partners-backed EasyPark, a European provider of digital parking services, completed the acquisition of ParkMobile, a provider of mobile parking solutions, from BMW and Daimler. Financial terms were not disclosed. "This is a historic milestone in the industry, and we are very excited to embark on this journey. Most of all, I am proud to be leading such a strong organization with talented employees. With global coverage and scale, as well as an integrated portfolio, we will be able to make cities more livable by driving the development of new, smart, and integrated digital services," Johan Birgersson, EasyPark Group CEO.

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