CVC DIF, the infrastructure division of leading global private equity manager CVC Capital Partners, has agreed to acquire iPark, a large-scale Iberian parking infrastructure platform operating across Spain and Portugal, from Elliott Investment Management. The investment will be made through DIF Infrastructure VIII.
iPark owns and operates a diversified portfolio of over 30,000 off-street parking spaces across more than 80 facilities, primarily located in urban centres, hospitals, and transport-related locations.
The investment by DIF Infrastructure VIII will support iPark’s next phase of growth, building on its buy-and-build strategy to scale the platform across core Iberian markets while continuing to enhance operational efficiency and digitalisation.
The transaction is aligned with CVC DIF’s strategy and significant experience of investing in essential infrastructure assets with long-term, concession-like high-visibility cash flows, which play a critical role in supporting economic activity and urban mobility in Europe.
The transaction is expected to close in 2026, subject to customary regulatory approvals. DC Advisory and Eversheds acted as financial and legal advisers to Elliott Investment Management on the transaction, while RBC Capital Markets and UrÃa & Menéndez acted as financial and legal advisers to CVC DIF, respectively.
