Mishcon de Reya's Private Equity team has advised Trimountain Partners on a significant investment in Horizon Parking Group, one of the UK's pre-eminent and fastest-growing parking management solutions and services provider. Trimountain led the transaction in collaboration with investor partners including Westbrooke Alternative Asset Management.
Horizon Parking provides integrated end-to-end parking solutions to a broad base of customers spread across the UK. The company, which is headquartered in Chelmsford, looks after the interests of clients in the retail, leisure, residential, education, transportation, municipal, government, social housing and healthcare sectors. It manages over 3,000 car parks in both the public and private sectors, overseeing close to 600,000 parking spaces and dealing with approximately 1,000,000 motorists every day.
The team at Mishcon de Reya was led by Nadim Meer with support from Karine Bashardust, Allison Keyse, Thomas Istefanous, Daniel Goldsborough, Angelika Velickovska, Jack Crawford, John Skoulding, Stephen Elhabbal, Eve Drysdale, Margarita Elia, Chris Morgan, Sarah Spurling, Danae Constantine and Katie Mackenzie.
Nadim Meer, Head of Private Equity at Mishcon de Reya, commented: "Trimountain are a unique investor, bringing a partnership-style approach to the way they support founders and entrepreneurs. That unique partnership style also extends to their dealings with advisers, so it was an absolute pleasure to have helped Trimountain close this significant investment, the third of which we've worked on together. I have no doubt that Horizon will flourish as a result."
Ali Khanbhai, Partner and Co-Founder of Trimountain added: "It’s been a real pleasure working with Nadim Meer and the whole Mishcon de Reya team on our significant investment in Horizon Parking - our third investment together in the last few years. I am deeply grateful for their precious advice, dedication and hard work. Trimountain and I look to forward to continuing to work closely with Nadim and the Mishcon team and to building further on our fabulous relationship going forward."