Peter Park Secures Major Growth Investment from Great Hill Partners
Deal News | Jun 11, 2025 | Taylor Wessing
Taylor Wessing, led by Munich-based partner Dr. Elisabeth Schalk, has advised the shareholders of Peter Park System GmbH on a crucial growth investment by the private equity firm Great Hill Partners. This investment aims to accelerate the expansion of Peter Park's sales activities, advance its technology, and enhance its market presence. The investment includes an additional minority stake from the ARBAnova Family Foundation's family office. The founding team, including Maximilian Schlereth, Patrick Bartler, Stefan Schenk, and Christoph Heinle, will continue to lead Peter Park, bolstering its position as a pioneer in AI-driven digital parking solutions. The total growth capital for Peter Park now exceeds 100 million euros, positioning it at the forefront of innovations within the parking and mobility sector across Germany, Austria, Italy, and Switzerland. Meanwhile, Great Hill Partners, based in Boston and London, is recognized for high-growth investments in mid-market companies, enhancing its portfolio with Peter Park. Taylor Wessing's legal team notably contributed across various specialisations such as Corporate Private Wealth, IP, Employment, and Foreign Trade Law.
Sectors
- Digital Parking Solutions
- Private Equity
- Legal Advisory
Geography
- Germany – Peter Park System GmbH is based in Munich, Germany, and the primary operations and headquarters are located here.
- United States – Great Hill Partners is based in Boston, providing the American investment angle.
- United Kingdom – Great Hill Partners also operates out of London, contributing to their presence in Europe.
- Austria, Italy, Switzerland – These countries are part of Peter Park's operational expansion in the European market.
Industry
- Digital Parking Solutions – Focuses on transforming traditional parking systems into automated, intelligent infrastructure.
- Private Equity – Involves investment in high-growth companies by private equity firms for capital expansion.
- Legal Advisory – Involves legal consultation and advisory roles, as seen with Taylor Wessing’s involvement in the investment.
Financials
- Over 100 million euros – Total growth capital raised by Peter Park through investment by Great Hill Partners and other stakeholders.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Peter Park System GmbH | Target Company | Company | A leading provider of AI-powered digital parking infrastructure based in Munich, Germany. |
| Great Hill Partners | Bidding Company | Company | A private equity firm specializing in investments in high-growth sectors, headquartered in Boston and London. |
| Taylor Wessing | Legal Advisor | Company | A law firm advising the shareholders of Peter Park during the investment process. |
| ARBAnova Family Foundation | Other Investor | Company | A family office taking a minority stake in Peter Park as part of the investment. |