13 February 2025 – London, UK / Stockholm, Sweden
EasyPark Group, a leading provider of digital parking and mobility solutions, today announced its strategic acquisition of Parkopedia, a global leader in connected car services and mobility data aggregation. This landmark move sets the stage for an end-to-end driver experience, powered by highly accurate data, global payment capabilities, and robust in-car technology.
A Bold Step for Seamless Mobility
By bringing Parkopedia’s advanced in-car data integration and payment technology under EasyPark Group’s umbrella of digital parking solutions, the combined entity aims to reshape the driving experience from start to finish. It will cover everything from guiding drivers to available parking, enabling quick and secure payments, and offering timely insights around EV charging, fueling, and tolling.
“With the addition of Parkopedia, we are making the driver journey more seamless,” said Cameron Clayton, CEO of EasyPark Group. “Parkopedia’s in-car data integration and payment technology, coupled with our digital parking solutions and on-street parking equipment, allows us to address the entire driver experience, and we are excited to share this platform with our current and future partners. Together, we will continue making driver journeys smoother and making an open platform for the whole of the global mobility industry.”
Building on a Decade-Long Partnership
EasyPark Group and Parkopedia have been collaborating for over a decade to deliver integrated parking and mobility services. Parkopedia’s expertise in aggregating accurate, real-time data and delivering in-car payments naturally complements EasyPark Group’s global digital payment capabilities. This acquisition unifies and expands their joint offering, creating a single platform that bridges the gap between drivers, automakers, cities, and service providers.
For automakers and drivers, the integration promises broader support for a range of vehicles and diverse driver profiles. For city authorities, the new, data-driven insights open up avenues to optimize urban transportation policies, parking management, and environmental considerations—all while improving overall traffic flow.
“This is a transformative moment for data-driven mobility,” said Eugene Tsyrklevich, Founder & CEO of Parkopedia. “Together with EasyPark Group, we are expanding upon our combined capabilities, providing new products and features, built on highly accurate data and payment expertise, that enhance connected car services and data monetization opportunities across municipalities and the automotive industry. Our combined resources will help accelerate innovation and service delivery, continuing to delight users and enable frictionless global mobility.”
Driving the Future of Global Mobility
Behind the newly formed mobility powerhouse stand investment firms Vitruvian Partners, Verdane, and Searchlight Capital Partners L.P., each expressing support for the acquisition. While the terms of the transaction remain undisclosed, the partnership underscores a mutual commitment to rapid innovation and global expansion in an evolving mobility landscape.
By uniting EasyPark Group’s comprehensive parking and payment infrastructure with Parkopedia’s robust data platforms and in-car integration, this acquisition heralds a new wave of smart, convenient, and efficient mobility services. Whether navigating busy city centers, finding a place to charge an electric vehicle, or paying for tolls effortlessly, drivers and automakers alike can look forward to an unrivaled user experience that truly redefines the future of urban and intercity travel.
