Announced
Completed
Financials
Sources
Tags
Cross Border
parking lot service provider
Acquisition
Japan
Car Parks
Private Equity
Completed
Single Bidder
Private
Minority
Real Estate
Friendly
Synopsis
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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