Strategic Value Partners to acquire APCOA Parking Holdings

Investment company plans to take control of European parking services provider

Philippe op de Beeck

Philippe op de Beeck

Investment company Strategic Value Partners is to up its stake in APCOA, taking ownership of the entire business of the European parking operator.

SVP is a global alternative investment firm with over $18bn of assets under management. SVP-managed funds have now entered into an agreement to acquire 100% of APCOA Parking Holdings.

The transaction is expected to close in the next three months, subject to receipt of required regulatory approvals as well as other customary closing conditions.

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