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Stibbe advises Q-Park

Stibbe advises Q-Park

29.05.2017 NL law

Stibbe advises Q-Park on the irrevocable and unconditional offer from KKR Infrastructure to acquire 100% of the outstanding share capital of Q-Park for an enterprise value of  €2.95 billion.

Q-Park is currently owned by a group of shareholders consisting mainly of institutional investors, including pension funds and insurance companies. The offer follows a structured sale process which was initiated last year by the existing shareholders of Q-Park. KKR Infrastructure fully supports Q-Park’s long-term strategy and the ambition to play a leading role in the anticipated consolidation of a fragmented parking industry.

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