National Car Parks

PricewaterhouseCoopers (PwC), acting as administrators, is advancing the sale process for National Car Parks (NCP), with prospective buyers being invited to submit bids for approximately 145 remaining sites by the end of April.

Summary of transaction details:

• Value: Undisclosed
• Sector: Logistics & Transport
• Advisor: PricewaterhouseCoopers (PwC)
• Key Entities: National Car Parks (Target), Prospective Buyers (Acquirers)
• Location: UK

Note: This transaction represents a significant M&A event in the UK's logistics and transport sector, driven by the administration process of National Car Parks as it seeks new ownership for its extensive portfolio of car park sites.