Unity5 Acquires Chipside and MiPermit
Deal News | Mar 28, 2025 | Osborne Clarke
International legal practice Osborne Clarke has advised Unity5, a parking technology company, on its acquisition of Chipside, which is the leading provider of Local Authority parking and enforcement solutions. The transaction includes Chipside's products and services like MiPermit. This strategic acquisition represents a significant new chapter for both Unity5 and Chipside, enhancing Unity5's offerings in the parking technology space with Chipside's market-leading solutions.
Sectors
- Technology
- Legal Advisory
- Transportation-Infrastructure
Geography
- United Kingdom – Chipside is a market leader in Local Authority parking solutions within the UK.
Industry
- Technology – The acquisition involves parking technology advancements, driven by Unity5 and Chipside's solutions.
- Legal Advisory – Osborne Clarke advised on the legal aspects of the acquisition.
- Transportation-Infrastructure – Chipside provides Local Authority parking and enforcement solutions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Unity5 | Bidding Company | Company | A parking technology company acquiring Chipside. |
| Chipside | Target Company | Company | A market leader in Local Authority parking and enforcement solutions, including products like MiPermit. |
| Osborne Clarke | Legal Advisor | Company | International legal practice advising on Unity5's acquisition of Chipside. |