Press Releases

APCOA and Swiftmile bring micromobility charging to parking garages

https://www.apcoa.com/press/press-releases/article/apcoa-and-swiftmile-bring-micromobility-charging-to-parking-garages/

APCOA PARKING Group, Europe’s largest parking operator and Swiftmile, the pioneer in micromobility charging, today announced a partnership to bring e-scooter and e-bike charging to urban parking garages. In a joint event with the City of Stuttgart during its ‘Mobility Week’, Swiftmile and APCOA inaugurated charging stations at 4 APCOA parking garages throughout the city, with plans to expand to 10+ locations this Fall.

This partnership is a founding element of APCOA's new "Urban Hubs" initiative, which reimagines urban parking garages as technology-forward ecosystems for electrification, multimodal travel, and last-mile logistics. Stuttgart will be a "showcase city" for adapting parking infrastructure to support a shift toward micromobility-which can replace an estimated 6 out of 10 car trips in German cities.

"There are emerging opportunities around the globe to repurpose car parking infrastructure for the new era of urban transport, and we're honored to partner with APCOA to lead this trend in Germany," says Swiftmile CEO Colin Roche. "These strategically-placed Swiftmile stations will help grow sustainable modeshare in Stuttgart, and we're eager to continue this work across other APCOA markets."

"The digital and on-demand economy, especially in the field of mobility and logistics, needs a physical basis and a smart and flexible infrastructure," says Philippe Op de Beeck, CEO of APCOA. "With more than 11,000 sites we have created Europe's largest network of digitally connected car parks. Our hubs combine parking with logistics and technology services, shared mobility platforms and charging infrastructure for electric vehicles. We are excited to welcome Swiftmile as a partner in our locations."

The first user of the charging stations will be Germany's leading micromobility operator TIER, which already hosts its battery swap kiosks for e-scooters in APCOA garages. TIER will use the Swiftmile stations to directly recharge its local fleet of 1,500 e-scooters, and to allow seamless multimodal travel for APCOA parking patrons. Future iterations of this partnership may also support charging needs for TIER's e-bike and e-moped fleet.

This collaboration is the start of a budding alliance between TIER and Swiftmile in Germany, between Swiftmile and APCOA across Europe, as well as TIER and APCOA across Europe.

"The innovative charging stations from Swiftmile are another element in the development of a decentralized charging network in Stuttgart," says Anna Lauffer, Regional Manager Southern Germany at TIER. "Thanks to the cooperation with APOCA and Swiftmile at the Urban Hubs, we can enable a convenient switch from cars to e-scooters for the last mile."

This is the latest deployment in a series of partnerships that Swiftmile has cultivated to minimize micromobility clutter and advance shared, sustainable mobility. In June, Swiftmile partnered with Shell Brands International AG to fold micromobility charging into Shell's portfolio of electric vehicle charging services. Swiftmile has also ramped up its efforts to transform parking infrastructure in North America, most recently entering a partnership to deploy 100+ charging stations with the Miami Parking Authority.

About Swiftmile: Swiftmile is the pioneer and market leader in LEV charging, offering a new class of green infrastructure that will set the foundation for "gas stations of the future." We build and operate Mobility Hubs to charge and organize e-scooters, e-bikes and e-mopeds, at little or no cost to cities thanks to an on-Hub advertising screen. Swiftmile's infrastructure is driving battery and charging standardization for the global micromobility sector, with Hubs across North America and Europe. Swiftmile is based in San Carlos, CA. For the latest updates and information on Swiftmile, visit swiftmile.com

Media Contact:
Kristin Musulin
kristin[at]electricavenue.city
609-680-1777

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APCOA and REEF announce exciting new urban mobility hubs collaboration across 1,500 locations in UK & Ireland

https://www.apcoa.com/press/press-releases/article/apcoa-and-reef-announce-exciting-new-urban-mobility-hubs-collaboration-across-1500-locations-in-uk/

APCOA and REEF are delighted to announce an exciting new partnership which will allow the parties to jointly turn existing locations into distribution and logistics centres for greener, more efficient last-mile deliveries.

The deal supports APCOA's vast network of 1,500 locations across UK & Ireland to maximise value and utilisation for their clients and is a great opportunity for APCOA to deliver further innovative and technology led solutions as part of its Urban Mobility Hub strategy.

The type of new applications REEF will deploy includes its REEF Kitchens, on-demand food and retail services, vertical farms, and MFC (Micro-Fulfilment-Centres).

By working together, APCOA and REEF will positively shape the future of UK towns and cities, turning them into more sustainable and inclusive centres of community and opportunity.

Kim Challis, APCOA's Regional Managing Director for UK & Ireland said: "This collaboration with REEF makes the most of both organisations' innovative and technology-focused strengths. It also provides a wide range of opportunities for the further expansion of APCOA's Urban Mobility Hubs to deliver sustainable solutions and benefits to our clients, customers who use the car parks and to the local communities."

"We're thrilled to be partnering with APCOA to expand our customer reach and re-think the way urban space like car parks are used," said Serdar Erden, EU COO for REEF Technology. "We look forward to partnering together long into the future to bring the best goods services and experiences to more neighbourhoods."

Contacts:

APCOA Press Office: ukpress@apcoa.com or Michelle Clark +44 7818 034484

REEF:

Seven Dials City

James Devas
+44 7885 813 114
james@sevendialscity.com

Joe Carton
+44 7707 693 499
joe@sevendialscity.com

About APCOA PARKING Group APCOA PARKING Group is Europe's leading parking services operator with 50 years' experience operating in 13 countries. APCOA is transforming its car parks into Urban Hubs, providing the physical and digital infrastructure for mobility, logistics, electric vehicle charging, and technology-based services. Customers benefit from innovative and convenient experiences provided by APCOA and its trusted partners which use the car parks to deliver their services. This approach helps reduce emissions in cities by decreasing the volume of traffic for logistic operations and customers searching for parking. By connecting parking, mobility and services for urban life, APCOA is positioned to be an integral part of the digital and physical urban ecosystem.

About REEF REEF transforms urban spaces into community hubs that bring the best goods, services, and experiences to the neighbourhood. With an ecosystem of 5,000 locations, over 200 brand partnerships and a team of over 18,000 people, REEF is the largest operator of delivery restaurants and parking real estate in North America. Backed by visionary investors such as Softbank and Mubadala REEF is expanding globally and aims to be the world's neighbourhood company. By connecting the world to your block, we're making the place you live, the place you love to be.

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APCOA Announces Launch of €665,000,000 Senior Secured Notes Offering

https://www.apcoa.com/press/press-releases/article/apcoa-announces-launch-of-eur665000000-senior-secured-notes-offering/

NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES OF SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW.

STUTTGART (July 9, 2021) – APCOA Parking Holdings GmbH, a limited liability company (Gesellschaft mit beschränkter Haftung) organized under the laws of Germany (the “Issuer” and, together with its subsidiaries, the “Group”), today announced that it intends to offer €665,000,000 in aggregate principal amount of senior secured notes due 2027 (the “Notes”), to be comprised of fixed rate senior secured notes and floating rate senior secured notes. If completed, the proceeds from the offering of the Notes will be used by the Group to (i) fully repay certain of its existing indebtedness, including accrued interest, (ii) fund cash to the Group’s balance sheet for general corporate and working capital purposes and (iii) pay fees and expenses incurred in connection with the offering of the Notes.

There can be no assurance that the offering of the Notes or the other transactions described herein will be completed.

****************

Cautionary Notice Regarding Forward-Looking Statements

This press release contains statements reflecting assumptions, expectations, projections, intentions or beliefs about future events that are intended as “forward-looking statements,” particularly those statements concerning expectations regarding the use of proceeds from the offering of the Notes. A number of risks and uncertainties could cause our actual results to differ materially from current projections, forecasts, estimates and expectations relating to us. Any or all of these forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors, many of which are beyond our control.

Disclaimer

This press release shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

The Notes are being offered only to qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and outside the United States in offshore transactions in accordance with Regulation S under the Securities Act and, if an investor is a resident of a member state of the European Economic Area (the “EEA”) or of the United Kingdom, not to a retail investor. The Notes have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Promotion of the Notes in the United Kingdom is restricted by the Financial Services and Markets Act 2000 (the “FSMA”), and accordingly, the Notes are not being promoted to the general public in the United Kingdom. This announcement is for distribution only to, and is only directed at, persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Financial Promotion Order”), (ii) are persons falling within Article 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the Financial Promotion Order or (iii) are persons to whom an invitation or inducement to engage in investment activity within the meaning of section 21 of the FSMA in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “relevant persons”). This announcement is directed only at relevant persons and must not be acted on or relied on by anyone who is not a relevant person.

This announcement is not a public offering to any retail investors in the EEA or the United Kingdom. For these purposes, a retail investor in the EEA means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, “MiFID II”); or (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended, the “Insurance Distribution Directive”), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II. For these purposes, a retail investor in the United Kingdom means a person who is one (or more) of: (i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (“EUWA”); or (ii) a customer within the meaning of the provisions of the FSMA and any rules or regulations made under the FSMA to implement the Insurance Distribution Directive, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the EUWA.

The distribution of this announcement into certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

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APCOA URBAN HUBS are Providing the Physical and Digital Service Infrastructure for Sustainable Urban Life

https://www.apcoa.com/press/press-releases/article/apcoa-urban-hubs-are-providing-the-physical-and-digital-service-infrastructure-for-sustainable-urban/
  • APCOA opens its car parks as Urban Hubs to provide the physical and digital infrastructure for strategic partners in mobility, electrification, logistics and on-demand services.
  • With the strategic expansion of its product portfolio, APCOA forms an integrated ecosystem of Smart City and Smart Mobility services and actively contributes to the sustainable transformation of urban areas and the reduction of CO2 emissions
  • APCOA sees substantial revenue potential by opening its more than 1.5 million parking spaces and over 1.9 million sqm available logistics space for urban logistics, mobility, electric charging infrastructure and technology services
  • Real estate owners benefit from embedding their properties in the digital urban ecosystem and gain access to APCOA's exclusive network of partners
  • APCOA's strategic partners include Bosch, BVG, Daimler, E.ON, HERE Technologies, Sixt and UFO Drive amongst others

Stuttgart, 19. February 2021 - APCOA PARKING (APCOA), Europe's leading parking space operator, has launched APCOA URBAN HUBS to create an integrated ecosystem for the future-ready and sustainable use of parking spaces. To develop and implement their own business models, strategic partners get access to the physical and digital infrastructure of APCOA. Customers on the other hand, benefit from an expanded range of innovative services and products. Lastly, the asset values of real estate owners are enhanced by higher frequencies due to a wide range of additional use cases based on APCOA's strong network of strategic partners.

"The digital and on-demand economy, especially in the field of mobility and logistics, needs a physical basis and a smart and flexible infrastructure. With more than 11,000 sites we have created Europe's largest network of digitally connected car parks. Our hubs combine parking with logistics and technology services, shared mobility platforms and charging infrastructure for electric vehicles - and are already making a major contribution to creating the Smart Cities of the future", explains Philippe Op de Beeck, CEO of APCOA PARKING Group.

Under the APCOA URBAN HUBS brand, APCOA is extending the functionality of its car parking facilities, integrating them into a dedicated digital ecosystem based on the company's proprietary digital platform, APCOA FLOW. All car parks are thereby transformed into potential hubs for a broad range of sustainable services. The company's initial focus is on multi-storey car parks in inner-city areas. These locations offer the greatest potential for improving the efficiency of last-mile logistics, reducing inner-city logistics traffic and, as a result, achieving substantial reductions in CO2 emissions. By increasing the provision of electric charging infrastructure, APCOA URBAN HUBS also actively support the mobility transition to electric mobility. City dwellers and commuters without own parking space or charging station will find a suitable offer in APCOA's URBAN HUBS. Only with a guaranteed access to this infrastructure the purchase of an electric vehicle becomes appealing.

"Over the next few years, we want to continuously expand our network of several hundred APCOA URBAN HUBS throughout Europe. For car park owners, our expertise creates value by diversifying cash flows and enabling a sustainable strategy that has a positive impact on the long-term value of their assets. Currently, we are engaged in promising talks with a large number of potential partners. All of them appreciate our high location density and the fact that 230 million consumers are reachable around our properties in European city centres. Consequently, our current and potential partners are keen to take advantage of APCOA's advanced digital network to enhance their own business models", explains Op de Beeck. Currently, Bosch, BVG, Daimler, E.ON, HERE Technologies, Sixt and UFO Drive are amongst the strategic partners of APCOA.

The APCOA brand has long been synonymous with the consistent implementation of a comprehensive digital and innovation strategy. In 2018, the company launched APCOA FLOW, its multi-award-winning, scalable platform that provides its partners with integrated, contact-free access to inner-city car parks via individual interfaces. "As a result, we are very well positioned to meet the challenges associated with evolving parking space usage and the requirements of cities and municipalities. It is only by anticipating and actively helping to shape fundamental economic and societal processes that we will be able to successfully adapt to and benefit from these changes", says Op de Beeck.

Urban Hubs is APCOA's answer to some of the greatest trends of this day and age: the significant growth of online and on-demand commerce, which drives demand for inner-city logistics space, increasing urbanisation and the rise of electric mobility.

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Press contact

 

APCOA PARKING Holdings GmbH

Sebastian Merkle
Flughafenstr. 34
70629 Stuttgart-Airport
T: +49 711-94791-652

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