Strategic growth partner for Peter Park


We are very pleased to welcome Great Hill Partners as a strategic growth partner for our previously supported start-up Peter Park!
Great Hill Partners (“Great Hill”), a private equity firm that invests in high-growth and disruptive companies, has announced that it has acquired a majority stake in Peter Park System GmbH (“the Company”), a leading provider of digital parking solutions.
Great Hill's investment will accelerate the expansion of Peter Park's sales activities and technology, strengthen the Company's market presence and further drive its ambitious growth strategy.
As part of the investment, the family office of the ARBAnova Family Foundation will take an additional minority stake. Maximilian Schlereth, co-founder and CEO of Peter Park, as well as the founding team - Patrick Bartler (COO), Stefan Schenk (CCO) and Christoph Heinle (CTO) - will continue to lead the company and retain a significant stake in the company.
Great Hill's investment brings Peter Park's total growth capital to over 100 million euros.
We are delighted to have supported Peter Park as a reliable investor over the past few years and would like to thank the founding team for the trust they have placed in us. We have followed the company's successful development into a leading provider of digital parking solutions with great appreciation - and are convinced that the next chapter of this success story is now beginning with Great Hill Partners.
We look forward to working with Great Hill Partners and Peter Park in the future!
Learn more here: Peter Park News