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Announced

Completed

Manchester Airports Group-backed CAVU completed the acqusition of ParkVia from Mercia Asset Management.

Synopsis

Manchester Airports Group-backed CAVU, an airport products and services provider, completed the acqusition of ParkVia, a real time tool for parking lots’ availability, from Mercia Asset Management. Financial terms were not disclosed. “This is an exciting opportunity for both ParkVia and CAVU. Our organisations have shared ambitions, culture and values. We’ll be combining our inventory to access new customers through more channels in our core markets, as well as exploring new markets together as we continue to scale our travel marketplace globally,” Martin Jones, CAVU CEO.

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