Verdane Capital Acquires Majority of EasyPark

Verdane Capital VII has acquired the majority of shares of Swedish pay by phone parking provider EasyPark from existing shareholders.

Following the transaction, Verdane owns over 50% of the company, alongside previous owners Ledstiernan, Marinvest and members of the management team. Verdane Capital and the existing owners will help the company invest in services such as payment of electric vehicle charging and GPS capability in Smartphone applications, as well as entering new markets

Led by CEO Johan Birgersson, EasyPark provides a phone parking solution that is available in all Nordic countries and has been used by over 500,000 motorists. The company is present in more than 120 cities and additionally serves more than 60 commercial operators.
EasyPark Group has 85 employees and operates from offices in Sweden, Denmark, Norway, Finland and Germany.

FinSMEs

09/02/2012

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