Linklaters has advised Macquarie Asset Management on the acquisition of a significant minority stake in Best in Parking AG (“Best in Parking”) for Macquarie European Infrastructure Fund 7.
Best in Parking is a leading developer, owner, and operator of parking and mobility infrastructure. Headquartered in Vienna, the company is active across Austria, Italy, Croatia, Switzerland, Slovakia, Slovenia and other markets in the Balkans. Best in Parking operates approximately 87,000 parking spaces across 198 prime locations in 40 cities and offers technology, traffic management, parking access control and smart city solutions.
The majority stake in Best in Parking will be retained by Breiteneder Immobilien Parking AG, which is in turn owned by the Breiteneder family and its private foundations. The transaction is expected to close by Q3 2023.
The cross-border and cross-practice Linklaters team was led by private equity partner Ralph Drebes.
Further team members included Giorgio Fantacchiotti (Partner, Mainstream Corporate, Milan), Nicole Kar (Partner, Antitrust & Foreign Investment, London), Kerstin Wilhelm (Partner, Dispute Resolution, Munich), Rhian Parker (Counsel, Tax, London), Johannes Porsch (Managing Associate, Gesellschaftsrecht/M&A, Frankfurt), Fionna Ng (Managing Associate, Mainstream Corporate, London), Julia Rupp (Managing Associate, Gesellschaftsrecht/M&A, Frankfurt), Sebastian Plötz (Managing Associate, Antitrust & Foreign Investment, Düsseldorf), Lars Harzmeier (Managing Associate, Dispute Resolution, Frankfurt), Angela Bruno (Managing Associate, Employment, Milan), Paolo Bertolini (Managing Associate, Public Law, Milan), Francesco Eugenio Pasello (Managing Associate, Mainstream Corporate, Milan), Piya Haria (Associate, Mainstream Corporate, London), Cecilia Murray Brown (Associate, Mainstream Corporate, London), Landy Mao (Associate, Mainstream Corporate, London), Nafeesa Bukhari (Associate, Mainstream Corporate, London), Ed Tozer (Associate, Tax, London), Giulia Bordin (Associate, Mainstream Corporate, Milan), Neha Zamvar (Associate, Antitrust & Foreign Investment, London), Najwa Hamidallah (Associate, Public Law, Milan), Seh Woon Neo (Associate, Mainstream Corporate, London), Augusto Fracasso (Associate, Mainstream Corporate, Milan), Elisa Volontè (Associate, Public Law, Milan), Ellie Millar (Associate, Mainstream Corporate, London), Matthew Flanagan (Associate, Antitrust & Foreign Investment, London), Filippo Nola (Associate, Banking, Milan), Jacopo Cislaghi (Associate, Antitrust & Foreign Investment, Milan), Massimo Schirinzi (Associate, Real Estate, Milan).
