DC Advisory advises the shareholders, including Rockpool Investments, on the sale of Creative Car Park (CCP) to Inflexion Private Equity (Inflexion). CCP is the UK’s leading provider of car park management solutions for small businesses. The investment is being made by Inflexion Buyout Fund V, Inflexion’s dedicated mid-market fund.
Based in London and founded in 2005, CCP was the UK’s first car park operator to offer a fully automated number plate recognition technology enforcement service. The firm’s offering ensures CCP’s clients’ customers can park easily by preventing misuse as well as freeing up staff time from monitoring parking. CCP’s low-cost installation model makes it highly scalable and well suited to cater for the nation’s large car park base. The company employs 85 people and is an approved operator of the British Parking Association.