Inflexion buys Creative Car Park
Inflexion Private Equity has acquired a majority stake in UK-based car park operator Creative Car Park (CCP).
Unquote understands that Inflexion bought its stake from Rockpool Investments and the company's management team.
The GP deployed capital from its mid-market fund Inflexion Buyout Fund V, which held a final close on £1.25bn in May 2018.
In addition to the equity from the fund, the GP used a debt package of an undisclosed amount to support the deal.
Following the deal, the company expects to further accelerate its growth both organically and via additional acquisitions.
Company
Established in 2005 and headquartered in London, Creative Car Park is a car park operator that offers a fully automated number plate recognition technology enforcement service. The company employs 85 people.
People
Inflexion Private Equity – Simon Turner (managing partner).
Creative Car Park – Simon Abraham (CEO).
Advisers
Equity – FinnCap Group (corporate finance).
Company – DC Advisory (corporate finance).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









