European parking operator APCOA Parking has completed a deal to buy Nationwide Controlled Parking Services (NCPS), one of the biggest car park operators in Ireland.
The deal also includes NCPS’s subsidiaries PEA and Mobile Research Solutions, which trades as parkbytext.
NCPS manages over 1,100 car parks in Ireland with a total number of over 100,000 car park spaces.
The Competition and Consumer Protection Commission had approved the deal in August.
The deal will double APCOA’s business in the Republic of Ireland and Northern Ireland and the company now covers over 1,750 site locations and has operations in all counties both north and south of the border.
“We view this as a very exciting development for APCOA and NCPS as the companies complement each other well.
“This acquisition combines the strengths of the businesses across all sectors, markets and geographies and brings together two strong management teams with complementary skills and abilities”, said Philippe Op De Beeck, CEO of APCOA