Capita sells ParkingEye for £235m

Capita is selling its parking management business, ParkingEye, for £235m. This represents a major cash gain for the business outsourcing group, which bought ParkingEye for £58m in 2013. ParkingEye is being acquired by a vehicle owned by Macquarie and funds advised by MML Capital Partners for a cash consideration of £235m. The transaction is expected to close later this year.

The sale forms part of Capita’s strategy of simplifying the business, focussing on growth markets...

Subscribe today to read this article in full...

Benefits of subscribing to Parking Review Subscription + TransportXtra & TransportXtra.com

• 12 issues a year
• Essential reading for public and private sector parking professionals in the UK and beyond
• Hear it first, covering latest developments within Parking
• Written by leading experts. Independent, incisive comment and analysis on the parking scene
• Additional publications throughout the year covering
• Includes full online access to TransportXtra.com and searchable archive

Magazine + Online

Pay Monthly

£0.00

Fixed Term

1 Magazine every month,1 user £100.00 2 magazine every month, 2 digital users £220.00 5 magazine every month, 5 digital users £500.00 Montly: 1 Magazine every month, 1 user £12.00

 

Online Only

Pay Monthly

£16.25

Price shown ex VAT. Monthly subscription amount charged monthly to registered card.

Fixed Term

1 Year Subscription £130.00 30 Day Subscription £30.00 90 Day Subscription £60.00

Invoice option available on fixed-term subscription. Subscriptions begin from receipt of payment.