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New Deal


Announced

Hi-Parking to acquire a 25.5% stake in AJ Park from AJ Networks for $67m.

Financials

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Transaction Value£49m
Consideration TypeCash
Capital Owned-
Capital Bid For26%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Cross Border

Pending

Acquisition

Australia

Minority

Knowledge Process Outsourcing

Single Bidder

Friendly

intellectual property rights

Synopsis

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Hi-Parking, a provider of car parking management services, agreed to acquire a 25.5% stake in AJ Park, a provider of intellectual property law services, from AJ Networks, a South Korea based company principally engaged in the business activity of providing rental services, for $67m.

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