Parkeon is the undisputed leader in supplying pay and display machines for on-street parking. Parkeon also produces access control systems for car parks and automatic bus and train ticket dispensing systems.
Parkeon markets its products and services to local authorities and private operators in 3,000 cities spread across 40 countries, therefore managing over 3 million parking spaces throughout the world. In 2006, the group posted €149m sales.
Equistone sold its Fund II investment in Parkeon in December 2012.