BREAKING! SVP Acquires APCOA, Stock Soars Amid European Airport Expansion
Strategic Value Partners (SVP), a global alternative investment firm managing over $ 18 billion in assets, has successfully completed the acquisition of APCOA Parking Holdings, Europe’s leading parking infrastructure operator.
Known for its expansive presence across Europe with over 1.8 million parking spaces, APCOA has seen its stock market price surging amid its strategic expansion efforts, reflecting investor confidence in the company’s future prospects.
APCOA, under the new ownership of SVP-managed funds, is aggressively acquiring parking areas surrounding European airports, bolstering its position as a key player in the parking industry.
With approximately €900 million in annual revenues, APCOA serves as a trusted partner for both private and public real estate owners, offering a range of services including parking centers, electric vehicle charging stations, and sustainable mobility solutions for smart cities.
Funds managed by SVP have been invested in APCOA since 2014, and the recent acquisition signifies SVP’s confidence in APCOA’s growth trajectory. The completion of the acquisition comes after receiving all necessary approvals, marking a significant milestone in APCOA’s journey under new ownership.
Strategic Value Partners has officially completed its acquisition of APCOA Parking Holdings! 🤝
Read more: https://t.co/IOe095D88O#parking #acquisition #parkingindustry #management
— Parking Network (@ParkingNetwork_) February 7, 2024
English
Q-park er også blevet overtaget af investment fund. KKR & Co.