KKR Wins Bidding for Dutch Car Park Operator Q-Park

5/16/17

Buyout group KKR has won the bidding for Dutch car park operator Q-Park, a deal worth about 2 billion euros ($2.2 billion), sources close to the matter said on Tuesday.

Bankers have prepared infrastructure style financing of 1.4 billion euros, including undrawn debt for the buyout of Q-Park, which operates 870,000 parking spaces in Europe, the sources said.

A group of shareholders consisting mainly of institutional investors, including pension funds and insurance companies, most of which are Dutch, had put the asset up for sale.

READ FULL ARTICLE HERE

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.