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Kekst CNC represents Strategic Value Partners as the Greenwich CT-based alternative investment firm acquires APCOA Parking Holdings in Stuttgart.
APCOA provides car park management services (1.8M parking spaces) in more than 400 cities across Europe. It generates annual revenues in the $960M range.
SVP, which has $18B in assets under management, has owned a minority stake in APCOA since 2014.
"We are excited to partner with the team at APCOA to unlock significant value, particularly around increasing automation, capitalizing on underutilized space and monetizing EV charging,” said John Brantl, co-head of SVP's European investment team.
Kekst CNC’s Todd Fogarty and Richard Goldman handle North American PR for SVP, while London’s Greenbrook Communications works the European beat.
Publicis Groupe reported 4.5 percent Q1 organic growth in net revenues to $4.1B despite the volatile macro environment.
PondelWilkinson, the Los Angeles-based IR and strategic communications shop, has expanded to the East Coast by adding Anreder & Company veterans following the retirement of principal Steven Anreder.
Teneo represents American Ocean Minerals Corp as its merges with NASDAQ-listed Odyssey Marine Exploration to create a $1B deep-sea critical minerals research and mining platform that is under US-control.
Kekst CNC represents Cleveland-based Everstream as the business-only fiber network receives bankruptcy court approval for the sale of almost all of its operations to Bluebird Fiber for $385M.
FTI Consulting handles media for McCormick as the 137-year-old flavors company combines with Unilever Foods in a deal valued at $45B.
