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New Deal


Announced

FTV Capital and LLR Partners-backed ParkHub to merge with JustPark.

Financials

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

Tags

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Majority

Private Equity

Cross Border

payments platform

Acquisition

Friendly

United Kingdom

parking reservations

Payments / Commerce

Private

Merger

Pending

Single Bidder

Synopsis

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FTV Capital and LLR Partners-backed ParkHub, a provider of parking management software and payments solutions, agreed to merge with JustPark, an app-based parking reservations technology and payments platform. Financial terms were not disclosed. "After 18 years at the forefront of transforming parking experiences for millions, our merger with ParkHub catapults JustPark to new heights. Our dedication to improving the parking experience for drivers continues, and with our cutting-edge technology and unrivalled support, we're set to revolutionize parking for our customers and partners both here in the UK, and now also in North America," Anthony Eskinazi, JustPark Founder and CEO.

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