CVC DIF to acquire iPark from Elliott Investment Management for €300m.

CVC DIF, an infrastructure strategy of CVC, agreed to acquire iPark, a parking and mobility company, from Elliott Investment Management, a London-based investment advisory firm, for €300m. “CVC DIF is a highly experienced infrastructure investor with a deep understanding of long-term, essential assets. Their support will enable iPark to accelerate its growth strategy while continuing to deliver high-quality services to cities, partners and customers across Spain and Portugal. We are excited to begin this next chapter together,” Juan Manuel Mogarra, iPark Founder and CEO.