Parkopedia Acquired by EasyPark Group
Deal News | Feb 13, 2025 | Verdane

EasyPark Group, a prominent provider of digital parking and mobility solutions, has completed its strategic acquisition of Parkopedia, a global leader in connected car services and mobility data aggregation. The acquisition aims to enhance a seamless, data-driven driver experience by combining the expertise of both companies in in-car technology, digital payments, and parking solutions. This merger is built upon a decade-long collaboration between the entities, aiming to streamline the driver journey and set a global standard in mobility services. With the integration of Parkopedia's advanced in-car data technology, EasyPark intends to expand its offerings across multiple facets of mobility, such as EV charging and tolling. This move is supported by investment firms including Verdane, Vitruvian Partners, and Searchlight Capital Partners L.P., and positions the unified group to provide comprehensive solutions to their diversified array of customers including drivers, automakers, partners, and municipalities.
Sectors
- Automotive and Mobility
- Technology and Data Services
Geography
- Global – Both EasyPark and Parkopedia operate and provide services in numerous countries worldwide, reflecting their extensive geographic scope.
Industry
- Automotive and Mobility – This industry encompasses services related to vehicle operations, digital parking solutions, and in-car technology integration, as seen with EasyPark and Parkopedia.
- Technology and Data Services – Incorporates advanced data analytics and connectivity solutions for improving driver and automotive experiences, relevant in the context of Parkopedia's services.
Financials
- – The financial terms of the acquisition were not disclosed.
Participants
Name | Role | Type | Description |
---|---|---|---|
EasyPark Group | Acquirer | Company | A global mobility platform specializing in digital parking and urban mobility solutions, operating in over 80 countries. |
Parkopedia | Target Company | Company | A leading provider of connected car services and mobility data, offering solutions for parking, EV charging, fueling, and tolling across 90 countries. |
Verdane | Investment Firm | Company | A private equity firm supporting the acquisition of Parkopedia by EasyPark Group. |
Vitruvian Partners | Investment Firm | Company | A private equity firm part of the investment consortium backing the acquisition. |
Searchlight Capital Partners L.P. | Investment Firm | Company | Another investment firm supporting the strategic acquisition of Parkopedia. |
Cameron Clayton | CEO | Person | CEO of EasyPark Group, providing commentary on the strategic acquisition. |
Eugene Tsyrklevich | Founder & CEO | Person | Founder & CEO of Parkopedia, commenting on the merger's benefits for data-driven mobility. |