Schroders Capital, Vitruvian Partners and Verdane-backed EasyPark Group completed the acquisition of Searchlight Capital-backed Flowbird Group.

Schroders Capital, Vitruvian Partners and Verdane-backed EasyPark Group, a global parking tech company, completed the acquisition of Searchlight Capital-backed Flowbird Group, a global mobility player providing integrated parking and transportation solutions. Financial terms were not disclosed. "Today marks a step toward improving space utilization worldwide as EasyPark Group and Flowbird come together as one team. Our broader set of offerings will empower our customers to optimize mobility and reinvest in public transportation, greenspaces and the revitalization of urban centers. I invite cities, transportation authorities and organizations across the mobility industry to join us on this journey. Together, we'll make cities more livable," Cameron Clayton, EasyPark Group CEO.