Q-Park BV has acquired Bavaria Parkgaragen GmbH, a leading private parking management company in Germany, to strengthen its market position and enhance urban mobility solutions.

Target Information

Q-Park BV has successfully acquired Bavaria Parkgaragen GmbH through its subsidiary, Q-Park Germany, with the transaction closing in June 2025. Q-Park is a prominent player in Europe’s parking solutions market, known for providing premium parking facilities that prioritize convenience, safety, and exceptional customer service while enhancing urban mobility via its comprehensive digital platform.

In 2024, Q-Park achieved impressive revenues of EUR 943.0 million, operating over 1,000,000 parking spaces across more than 5,300 car parks in seven Western European countries. This extensive network positions Q-Park as a trusted partner for high-quality parking solutions and promotes sustainable mobility practices.

Industry Overview in Germany

The parking management industry in Germany has been experiencing significant growth due to the increasing demand for urban parking solutions driven by rising vehicle ownership and urbanization. Major cit