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New Deal


Announced

Completed

Advantage Partners completed the acquisition of minority stake in Ecolocity from CLSA.

Financials

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

Sources

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Tags

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Cross Border

parking lot service provider

Acquisition

Japan

Car Parks

Private Equity

Completed

Single Bidder

Private

Minority

Real Estate

Friendly

Synopsis

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Advantage Partners, a Japanese private equity fund, completed the acquisition of minority stake in Ecolocity, a company that engages in operation, management, and consignment of monthly parking lots and sells coin-operated hourly parking lot equipment, from CLSA, a private equity and investment firm. Financial terms were not disclosed. Ecolocity is expected to continue its growth journey and expand its offerings as part of Advantage Partners.

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