Announced
Completed
Synopsis
KKR and ADM Capital, two investment firms, completed an investment in WE PARK of LimeTree Capital, a private equity investment manager. Financial terms were not disclosed. “WE PARK is redefining China’s car parking sector by focusing on what customers and drivers want most – safe, convenient, and tech-savvy facilities. We are excited to invest in the Platform’s growth and pleased that itsinnovative, future-ready solutions will contribute towards China’s smart city ambitions and benefit its growing urban population. We look to work closely with LimeTree Capital, ADM Capital, and the talented WE PARK team, as well as leverage KKR’s deep sector expertise and experience helping other global car park operators expand into new markets, to help WE PARK achieve its next level of growth,” Zhen Ji, KKR Managing Director.
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