EasyPark Group Acquires Parkopedia To Enhance Driver Experience With Advanced Technology

EasyPark Group has finalised its acquisition of Parkopedia, a leader in connected car services and mobility data. This strategic move aims to enhance the driver experience by integrating advanced in-car technology with EasyPark's digital parking solutions. Cameron Clayton, CEO of EasyPark Group, stated, "With the addition of Parkopedia, we are making the driver journey more seamless."

The collaboration between EasyPark and Parkopedia spans over a decade. It focuses on creating a fully integrated driver experience. Parkopedia's expertise in in-car data for parking, EV charging, fueling, and tolling complements EasyPark's digital payment solutions. This integration aims to serve a broader range of vehicles and customer profiles.

EasyPark Group Acquires Parkopedia for Drivers
EasyPark Group Acquires Parkopedia for Drivers
EasyPark Group Acquires Parkopedia for Drivers
EasyPark Group Acquires Parkopedia for Drivers
EasyPark Group Acquires Parkopedia for Drivers
EasyPark Group Acquires Parkopedia for Drivers
EasyPark Group Acquires Parkopedia for Drivers
EasyPark Group Acquires Parkopedia for Drivers

Eugene Tsyrklevich, Founder & CEO of Parkopedia, remarked on the significance of this partnership: "This is a transformative moment for data-driven mobility." The combined resources will accelerate innovation and service delivery, enhancing connected car services and data monetisation opportunities across municipalities and the automotive industry.

For cities, this acquisition offers valuable data-driven insights that can shape mobility policies. It also aims to improve the efficient use of urban spaces. The integration provides an open platform for the global mobility industry, facilitating smoother journeys for drivers worldwide.

The acquisition is supported by investment firms Vitruvian Partners, Verdane, and Searchlight Capital Partners L.P., who own the joint company. However, the terms of the transaction remain undisclosed.

About EasyPark Group

EasyPark Group operates as a global mobility platform with a mission to make cities more liveable. It is present in over 6,000 cities across more than 80 countries. In 2024, it was recognised as one of Europe’s fastest-growing businesses by Financial Times and Statista.

In January 2025, EasyPark expanded its reach by acquiring Flowbird. This positions the group to support cities' unique needs with proven mobility solutions. Their platform integrates technology, data insights, payments, and user choice to simplify urban life globally.

About Parkopedia

Parkopedia is renowned for providing connected car services used by automakers and millions of drivers worldwide. It assists drivers in finding and paying for parking, EV charging, fuel, and tolls across 90 countries. Additionally, Parkopedia develops detailed parking maps and algorithms to aid navigation to available parking spaces indoors.

This acquisition marks a significant step towards enhancing global mobility solutions through advanced technology integration. Both companies aim to continue delighting users with innovative products built on accurate data and payment expertise.

Article Published On: Thursday, February 13, 2025, 23:49 [IST]
Read more on: #global
Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+