Background
- Founded in 1998 and headquartered in the Netherlands, Q-Park is a leading car park owner and operator in Western Europe, currently operating approximately 4,300 owned, leased and managed facilities in 321 cities across seven countries
- Q-Park specializes in off-street, strategic prime locations and collaborates with municipalities and landlords to implement sustainable urban mobility plans by leveraging its digital capabilities, strategic growth framework, and electric vehicle (EV) charging network of over 5,600 chargers
- Interogo Holding is a foundation-owned investment group, based in Switzerland, with investment strategies across private and long-term equity, real estate, infrastructure and liquid assets
Process
- DC Advisory acted as exclusive financial advisor to Interogo Holding on its acquisition of a minority stake in Q-Park
- DC Advisory leveraged its extensive experience to contribute to several work streams, including:
- Process strategy and bid tactics
- Review and formulation of the business plan
- Financial modelling and valuation
- Coordination of due diligence advisors and management of buy-side due diligence processes
- Assistance in the drafting of presentation and Investment Committee materials
- Advice on transaction documentation including the Sale and Purchase Agreement and Shareholders Agreement
Outcome
- On 12 August 2024, Interogo Holding, via its infrastructure investment fund Inter Infrastructure Capital, entered into definitive agreements to acquire a minority shareholding in Q-Park
- This transaction re-emphasises DC Advisory’s expertise in the parking and EV charging sectors and continues its track-record in advising on parking and transportation transactions