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Announced

Completed

Strategic Value Partners completed the acquisition of APCOA Parking from Centerbridge Partners.

Synopsis

Strategic Value Partners, a global alternative investment firm, completed the acquisition of APCOA Parking, a parking infrastructure operator, from Centerbridge Partners, a global alternative investment manager. Financial terms were not disclosed. "We are excited to partner with the team at APCOA to unlock significant value, particularly around increasing automation, capitalizing on underutilised space and monetizing EV charging. Through organic growth, operational improvements and investing heavily in innovative technologies, we look forward to helping the APCOA team take the business to the next level," John Brantl, SVP Co-Head of European Investment.

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