EasyPark Group, the parent company of RingGo and a leading provider of digital parking and mobility solutions, has completed its acquisition of Flowbird Group for an undisclosed sum.

The deal supports EasyPark’s plans to become a leading global mobility platform provider.

The deal supports EasyPark’s plans to become a leading global mobility platform provider.

Together, the company will use its combined capabilities to deliver full-service parking and transportation solutions to ease urban mobility globally and expand into new markets.

Cameron Clayton, current CEO of EasyPark Group, has been appointed as the CEO of the new joint company, replacing Frédéric Beylier, CEO of Flowbird Group, who departs.

The acquisition positions the joint company to future-proof cities with smart parking and transportation solutions. Through a localised approach, the company will meet each city’s needs with a complementary mix of mobile paid parking, pay-and-display machines, public transport solutions, accompanied by suitable pricing, parking policies, data and insights.

The deal is supported by Vitruvian Partners, Verdane and Searchlight Capital Partners LP, the investment firms that will own the joint company.

Clayton said: “Our broader set of offerings will empower our customers to optimise mobility and reinvest in public transportation, greenspaces and the revitalisation of urban centres. I invite cities, transportation authorities and organisations across the mobility industry to join us on this journey. Together, we’ll make cities more liveable.”

Frédéric Beylier added: “This acquisition marks an exciting chapter for mobility, unlocking new possibilities and the potential to create value for people, customers, partners and municipalities.”