INDIGO Group, a global player in parking and urban mobility solutions, announces the acquisition of the 44.39% stake held by Patria Infrastructure Fund III in INDIGO Brazil, thereby becoming the sole shareholder of the company.
This transaction reaffirms INDIGO Group’s long-term commitment to the Brazilian market, where it has been operating for more than 15 years through INDIGO Brazil, one of the country’s leading parking operators with a portfolio of over 320 sites across 24 states and 100 cities, including São Paulo, Porto Alegre, Rio de Janeiro, Curitiba, and Salvador.
In 2022, INDIGO Brazil merged with PareBem, a company fully owned by Infrastructure Fund III, an investment fund managed by Patria Investimentos, marking a key milestone in the consolidation of the sector and creating one of Brazil’s largest parking operators.
Following this transaction, INDIGO Group will consolidate its control of INDIGO Brazil and continue to invest in its operational and digital transformation of its Brazilian subsidiary. The Group reaffirms its full confidence in the management team, recently strengthened and led by Thiago Piovesan, whose mission is to accelerate the growth in strategic markets and consolidate its position as a reference in sustainable and innovative urban mobility solutions in Brazil.
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