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New Deal


Announced

Flowbird to acquire YourParkingSpace.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Acquisition

Cross Border

Friendly

parking marketplace

Pending

Majority

United Kingdom

Software

Synopsis

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Flowbird, a provider of software, mobile apps, payments and hardware solutions for parking, agreed to acquire YourParkingSpace, an online parking marketplace. Financial terms were not disclosed. “With this strategic acquisition, Flowbird will benefit from YourParkingSpace’s experience in marketplace bookings. This will help with our goal to better support our mobile app community by providing them with advanced features – whether it be to simply book a parking space or to park and charge their electric vehicle. It is a win-win situation for all our stakeholders: motorists, cities and parking operator partners,” Bertrand Barthelemy, Flowbird President.

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