Parkeon
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Parkeon

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.

THE EXIT

Equistone sold its Fund II investment in Parkeon in December 2012.

HOLDING PERIOD

Jun 2007 - Dec 2012

Country

France

Sector

Industrials

Revenue Progression

€149m / €176m

Employees at ACQ.

900

Investment Type

Secondary MBO

ADD-ON ACQUISITIONS

Wayfarer
Oct 2007