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21 Invest acquires ParkinGO

21 Invest joins ParkinGO, Italy’s leading and innovative network for off-airport parking and integrated airport mobility services

21 Invest, a European investment group with offices in Italy, France, and Spain, founded by Alessandro Benetton and part of the 21 Next group, has acquired a majority stake in ParkinGO Group S.p.A. (“ParkinGO”), a leading Italian provider of integrated mobility services for the airport sector, with a strong presence in the off-airport parking market.

Founded in 1995 by Giuliano Rovelli, ParkinGO has gradually become Italy’s leading network for airport parking and mobility services, thanks to its diversified offerings and dedicated digital platforms designed to make the customer experience more efficient and personalized. Today, the Group operates 44 parking facilities at major Italian airports, as well as a selection of ports and railway stations. ParkinGO also operates internationally through partnerships with leading operators in Spain, France, the DACH region, Belgium, and Portugal.

ParkinGO is highly customer-focused, providing round-the-clock service every day of the year, distinguished by its commitment to quality and professionalism.

ParkinGO has also broadened its services to include integrated mobility solutions, partnering with numerous car rental companies and, more recently, entering the short-term car rental market with RentSmart24, offered as a complementary service to ParkinGO’s extensive airport network across Italy.

In 2025, ParkinGO expects revenues of approximately €70 million, of which approximately 70% is generated by its parking management operations.

With 21 Invest joining, ParkinGO is entering a new phase of growth, aiming to strengthen its leadership in Italy and accelerate international expansion, building on a model centered on service quality, innovation, and an expanded mobility offering. This growth strategy will also be supported by an increasing focus on environmental sustainability and shared value.

21 Invest will work alongside founder Giuliano Rovelli, who will remain Chairman, and CEO Riccardo Bellini to implement a strategic plan focused on digitalizing the Group, expanding its commercial network, and pursuing new M&A opportunities, with the aim of making ParkinGO Europe’s leading provider of integrated airport mobility services.

The transaction will be supported by the Three Hills investment fund, as part of its credit opportunities strategy, through a tailored financing solution.

Andrea Mazzucato, Managing Partner of 21 Invest, commented: “We are delighted to support ParkinGO in its growth journey. Working alongside an entrepreneur, a strong management team, and a company that has shown tremendous potential over the years is at the core of our investment strategy. Through this collaboration, we reaffirm our commitment to backing high-performing Italian companies by investing in highly innovative businesses in fast-growing sectors. I am confident that the combination of ParkinGO’s DNA and 21 Invest’s industrial expertise will enable the company to further strengthen its leadership in the sector while pursuing ambitious growth plans both in Italy and internationally.

Giuliano Rovelli, Founder of ParkinGO, commented: “After more than thirty years of growth and development, a new chapter is beginning for ParkinGO. Over the years I never sold a majority stake, despite strong market interest, because I was waiting for the right partner. Today, with the arrival of a strategic investor able to provide solidity, vision, and continuity, the time has come to guide ParkinGO toward its next step: becoming an international player. ParkinGO represents a fundamental part of my entrepreneurial journey, and I am confident that this transaction will enable the company to fully express its potential alongside a highly reputable partner.

Riccardo Bellini, CEO of ParkinGO, commented: “ParkinGO has strong growth potential in Italy and abroad. We will continue expanding our services and transforming the company into a fully integrated mobility platform, leveraging the advanced technologies we are developing. Customer focus will remain at the core of everything we do.

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