Holiday Extras Expands European Reach with ParkCare Acquisition
Deal News | Feb 26, 2025 | PDT Solicitors
In a strategic move to expand its European operations, Holiday Extras Investments Limited has acquired ParkCare, a prominent Dutch online parking comparison platform. This acquisition marks Holiday Extras' third major investment in The Netherlands, underscoring the company's commitment to scaling its presence in Europe. With the addition of ParkCare's brands and customer base, Holiday Extras will significantly enhance its airport parking network across Europe. The acquisition process was facilitated by Cripps, with Beth Barns-Graham leading the advisory team, and Dutch legal input from Orange Clover. Simon Hagger, Chief Business Development Officer at Holiday Extras, highlighted the acquisition's role in increasing customer choice and convenience.
Sectors
- Travel and Tourism
- Legal Services
Geography
- United Kingdom – Holiday Extras is a UK-based company, making the United Kingdom relevant to the transaction.
- The Netherlands – ParkCare is a Dutch company and the acquisition took place in The Netherlands, highlighting the geographic focus on this country.
Industry
- Travel and Tourism – The involvement of Holiday Extras, which deals in multiple travel-related services such as airport parking and hotels, positions this article within the Travel and Tourism industry.
- Legal Services – Cripps and Orange Clover provided legal advisory services for the transaction, placing importance on the legal services industry within this M&A context.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Holiday Extras Investments Limited | Buyer | Company | UK market leader in airport parking and other travel-related services. |
| ParkCare | Target | Company | A leading Dutch online parking comparison platform. |
| Cripps | Legal Advisor | Company | The legal firm that advised Holiday Extras on the acquisition. |
| Orange Clover | Legal Advisor | Company | Provided Dutch legal advice for the acquisition. |
| Simon Hagger | Chief Business Development Officer | Person | Chief Business Development Officer at Holiday Extras. |
| Beth Barns-Graham | Managing Associate | Person | Led the Cripps team advising on the transaction. |