Luther advises Europe’s leading car park operator APCOA on its expansion in Germany

The acquisition complements APCOA’s existing range of services with Parken & Management’s digital solutions and established client relationships. APCOA is Europe’s leading car park operator and manages more than 1.8 million parking spaces at around 13,000 locations across eleven European countries. The acquisition forms part of the company’s growth strategy and supports its further expansion in Germany and Europe. Following the transaction, Parken & Management will continue to operate as an independent company within APCOA Germany. This ensures that the company’s identity, its team and the continuity of its client relationships are maintained.

The Luther team was led by Dr Cédric Müller and Dr Denis Schütz. With an interdisciplinary team, Luther advised on the transaction across the relevant legal areas. Through its transaction-related advice, Luther supported the implementation of the acquisition, thereby contributing to the technology-driven further development of modern parking and mobility services.

APCOA has been a portfolio company of the US private equity firm Strategic Value Partners (SVP) since 2024. The parties have agreed not to disclose the financial terms of the transaction.

For APCOA:

Luther, Corporate/M&A: Dr Cédric Müller, LL.M. (Partner, lead), Dr Andreas Vath (Partner), Robert Schindler (Counsel), Dr Denis Schütz (Senior Associate, lead)

Luther, Employment Law: Klaus Thönissen, LL.M. (Partner), Leif Born (Senior Associate), Pia Analena Wieberneit (Senior Associate)

Luther, Commercial: Dr Kuuya J. Chibanguza, LL.B. (Partner), Maike Böttcher (Senior Associate)

Luther, IP/IT: Dr Maximilian Dorndorf (Partner), István Fancsik, LL.M. (Senior Associate), Pierre Daniel Wittmann (Senior Associate), Deike Tamm (Associate)

Luther, Real Estate: Ruth-Maria Thomsen (Partner), Max Luca Kalus (Associate)