Hawk Infinity and Armada Credit Partners have invested in ParkMan Oy, enhancing its growth potential in the digital parking application market across four Nordic countries.

Information on the Target

ParkMan Oy is a digital parking application that serves both consumers and businesses, operating primarily in Finland, Denmark, Lithuania, and Estonia. Founded in 2010, ParkMan has evolved from a business-to-consumer (B2C) model into a prominent player in the on-street and off-street digital parking solutions market. The application oversees thousands of parking facilities across its four markets, contributing significantly to modern urban mobility.

Following a recent investment by Hawk Infinity and Armada Credit Partners on August 8, 2025, ParkMan plans to leverage this expanded ownership base to accelerate its growth through both organic development and potential acquisitions. The current team, including the founders who have retained a substantial interest in the company, will remain in place to enhance user experience and innovate further in the digital parking space.

Industry Overview in Finland

The parking software industry in Finland is experiencing a robust transformation, driven by the need for efficient urban mobility solutions. As cities become increasingly conges