.
MergerLinks Header Logo

New Deal


Announced

Schroders Capital, Vitruvian Partners and Verdane-backed EasyPark Group to acquire Searchlight Capital-backed Flowbird Group.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private Equity

France

Single Bidder

parking

Software

Acquisition

Cross Border

Majority

Private

Pending

Friendly

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US