EasyPark Group Acquires Parkopedia to Streamline the Driver Experience

Today, EasyPark Group, a leading provider of digital parking and mobility solutions, completes its strategic acquisition of Parkopedia, a global leader in connected car services and mobility data aggregation. Together, this acquisition creates a seamless, end-to-end driver experience, built on highly accurate and complete data, and unparalleled global payment capabilities.

“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.”

The acquisition of Parkopedia builds on a decade-long collaboration with EasyPark Group to
deliver a fully integrated driver experience. Parkopedia’s advanced in-car data and payment
technology for parking, EV charging, fueling and tolling complements EasyPark Group’s
expertise in digital payments, enabling seamless integration across parking systems, digital
platforms, and in-car solutions. For drivers and automakers, the integration will enable the group to serve a wider range of vehicles and customer profiles. For cities, the acquisition provides data-driven insights to shape mobility and transportation policies and improve the efficient use of urban spaces.

“This is a transformative moment for data-driven mobility. 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,” said Eugene Tsyrklevich, Founder & CEO of Parkopedia.

Vitruvian Partners, Verdane and Searchlight Capital Partners L.P., the investment firms that own
the joint company, support the acquisition. The parties have agreed not to disclose the terms of
the transaction.

About EasyPark Group 

EasyPark is a leading global parking tech company with the vision to make cities more livable.With award-winning technology, EasyPark Group has eased parking since 2001 and today, the company helps drivers save time and money by finding and managing parking and electric vehicle charging. It allows businesses, parking operators, property owners and cities to administrate, plan and take data-driven decisions. EasyPark Group owns and develops the apps EasyPark, PARK NOW, ParkMobile, RingGo and Park-line and operates in over 3,200 cities across more than 25 countries.

About Parkopedia

Parkopedia is the leading connected car services provider used by automakers,
organisations and millions of drivers around the world. Parkopedia helps drivers find
and pay for parking, EV charging, fuel and tolls across 90 countries. Parkopedia is also
developing highly detailed parking maps and corresponding algorithms to help drivers
and self-driving vehicles navigate to an open parking space indoors. Visit
business.parkopedia.com for more information.