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

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.