Cripps advises Holiday Extras on strategic acquisition of Dutch online parking platform ParkCare
Cripps’ corporate team has advised long-standing client Holiday Extras Investments Limited on its acquisition of ParkCare, a leading Dutch online parking comparison platform. This marks Holiday Extras’ third major investment in The Netherlands, further strengthening its European presence.
Holiday Extras is the UK market leader in airport parking, airport hotels, worldwide airport lounges, destination car hire, airport transfers, and holiday insurance. Established in 1983, the company supports over 11 million travellers each year and has been named in The Sunday Times 100 Best Companies to Work For eleven times.
The acquisition brings ParkCare’s established brands, loyal customer base, and long-term supplier contracts under the Holiday Extras umbrella, significantly expanding its airport parking network across Europe. ParkCare’s customers will benefit from an enhanced product range and broader service offering.
The Cripps team advising on the transaction was led by managing associate Beth Barns-Graham. Dutch legal advice was provided to Holiday Extras by Orange Clover.
Commenting on the support provided by Cripps, Simon Hagger, Chief Business Development Officer at Holiday Extras, said: “We are thrilled to welcome ParkCare into the Holiday Extras family. This acquisition is another exciting step in expanding our footprint across Europe, allowing us to offer even more choice and convenience to our customers. The Cripps team, led by Beth, provided invaluable guidance throughout the transaction, ensuring a smooth process and successful outcome. Their expertise in navigating complex cross-border deals whilst working closely with Orange Clover was instrumental in bringing this acquisition to completion.”
Beth commented: “It’s been a privilege to support Holiday Extras on another strategic European acquisition. Navigating the commercial complexities and cross-border elements required close collaboration with both the Holiday Extras team and Orange Clover, and I’m delighted we could deliver a successful outcome for all parties on a short timescale. We look forward to continuing to work with Holiday Extras in the future to help them meet their growth ambitions.”
For more information about how Cripps can support your business, please contact a member of the corporate team.
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