Parkopedia Acquired by EasyPark Group in Strategic Move

FirstCapital Corp Ltd. has successfully advised Parkopedia in its acquisition by EasyPark Group. The acquisition represents a significant growth opportunity by creating a seamless end-to-end driver experience and enhancing the companies’ combined expertise in connected car services, digital payments, and data aggregation. Parkopedia's advanced technology in car data and payments for various vehicle needs complements EasyPark's digital payment capabilities, promising enhanced services for diverse customer profiles including drivers, automakers, and urban planners. This synergy is expected to accelerate innovation, offering insights for mobility and urban transportation policies while improving urban space efficiency. The deal was backed by investment firms Vitruvian Partners, Verdane, and Searchlight Capital Partners L.P., showcasing a collaborative financial muscle behind the transaction.