Intelli-Park’s intelligent parking solutions help real estate owners to manage and optimise their car park sites. Founded in 2004, Intelli-Park’s 270+ employees manage over 2,000 sites across the UK for a wide range of institutional landlords. The company is now expanding its operations into Germany.
Prior to Palladian’s acquisition, the company had undertaken significant digital investment and now offers its customers a tech-enabled tool kit of mobility services, providing greater insights, convenience and efficiency. With its extensive experience in digital transformation, Palladian plans to support the Intelli-Park team in continuing to develop its digital capabilities, as well as supporting growth through new services such as EV charging, bolt-on acquisitions and international expansion.
In this example of collaborative capital, Palladian joined forces with Intelli-Park’s management shareholders to acquire the business, providing an exit for the company’s founder. In addition to Palladian’s hands on, value-add support, the MBO will enable greater investment in the business, increased equity participation across the team and the development of institutional process and governance.
“This buyout enables us to accelerate innovation and provide best-in-class technology solutions to our customers. Palladian’s long-term outlook and their experience in digital transformation, M&A and supporting businesses grow in Europe made them a natural choice for us as we look to the future.”
Ben Cooke, Co-CEO, Intelli-Park
