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DWF advises on the sale of Britannia Parking to KKR backed Q-Park

20 June 2024

DWF, the global provider of integrated legal and business services, has advised the shareholders of UK-based Britannia Parking on the sale of the business to KKR backed international operator, Q-Park. 

With over 30 years of experience, Dorset-based Britannia Parking has established itself as a leading player in the UK parking industry. Britannia Parking manages an impressive 600 sites across the UK, ranging from multi-storey complexes to sprawling surface lots, with clients including renowned corporates, real estate funds and private landlords.  

Backed by global investment giant KKR, Q-Park is one of the leading parking service providers in Europe, with a portfolio consisting of 3,000 car parks at strategic locations in the Netherlands, Belgium, Germany, Great Britain, Ireland, France, and Denmark. 

Partner Justin Edgar led the corporate team at DWF alongside Laurie Clay (Associate), Matthew Kernohan (Solicitor). The corporate team was supported by Caroline Colliston (Tax – Partner), Zita Dempsey (Tax – Associate), and Melissa Willrich (Associate). 

Justin Edgar said: “It was a pleasure to support the shareholders of Britannia Parking on their exit. This deal is a positive sign of the industry's resilience following the impact of the COVID pandemic. It was great also to work alongside KPMG's exceptional M&A advisory team, including Peter Aspinall and Rory MacIldowie. We wish Britannia Parking success as it embarks on a new chapter as a Q-Park company."

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