Announced
Financials
Tags
Private Equity
France
Single Bidder
parking
Software
Acquisition
Cross Border
Majority
Private
Pending
Friendly
Synopsis
Schroders Capital, Vitruvian Partners and Verdane-backed EasyPark Group, a global parking tech company, offered to acquire Searchlight Capital-backed Flowbird Group, a global mobility player providing integrated parking and transportation solutions. Financial terms were not disclosed. "The next chapter of EasyPark Group's growth journey means doubling down on helping cities become more livable. Through a well-suited mix of mobility and transportation services, EasyPark Group will improve urban traffic flow, space utilization and accessibility globally. We will empower our partners to reinvest in the city's public transportation, urban greenspaces, and safety," Cameron Clayton, EasyPark CEO.
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