APCOA provides car park management services across Europe and operates more than 1.8 million parking spaces across 13,000 sites in over 400 cities. With approximately €900 million in annual revenues, APCOA is a trusted partner for private and public real estate owners, providing outsourced services for parking centres, electric vehicle charging stations and urban hubs focused on sustainable mobility and logistics solutions for smart cities.

Funds managed by SVP have been a minority shareholder in APCOA since 2014. As part of this acquisition, SVP funds will acquire shares from current majority shareholder Centerbridge and other minority shareholders.

Philippe Op de Beeck, CEO of APCOA, said: "We thank Centerbridge for their support and are looking forward to our next chapter of growth under the ownership of SVP. We see SVP’s investment as a strong vote of confidence in APCOA's strategy and business model, the strength of our client relationships and the quality of the management team and broader employee base. With this backing, we will continue to focus on maximising the value of our clients’ assets, developing our digital services, and increasing our push into EV charging and inner-city sustainable mobility.”

John Brantl, Co-Head of SVP’s European Investment Team said: “We are excited to partner with the team at APCOA to unlock significant value, particularly around increasing automation, capitalizing on underutilised space and monetizing EV charging. Through organic growth, operational improvements and investing heavily in innovative technologies, we look forward to helping the APCOA team take the business to the next level.”