Northleaf, TINC, and Hedera to acquire a minority stake in Interparking from AG Insurance.

Northleaf, a private equity firm, TINC, an investment company, and Hedera, an open-source distributed ledger platform agreed to acquire a minority stake in Interparking, a provider of parking solutions from AG Insurance, an insurance company. Financial terms were not disclosed. “Interparking is an excellent fit with Northleaf’s infrastructure investment strategy and complements our broader portfolio of high-quality, mid-market infrastructure assets in select OECD countries. This investment provides our investors exposure to stable, predictable cash flows in an attractive sector. We are pleased to expand our presence in the transportation sector in Europe and to support Interparking and its leading pan-European portfolio,” Roderick Gadsby, Northleaf Managing Director & Head of European Infrastructure.