Private equity firm Ardian is in talks with Natixis Investment Managers and an asset manager owned by Munich Re for the sale of its 50% stake in French car park operator Indigo.
Indigo operates offers car parking and urban mobility services under the INDIGO, INDIGO weel, and OPnGO brands. It operates in two segments, Parking and Mobility & Digital Services. It designs, builds, finances, and operates on-street and off-street parking solutions. The company serves local authorities and private sectors, such as healthcare facilities, shopping malls, train stations, airports, event centers, and universities.
Natixis Investment Managers is likely to acquire 35% stakes while the 15% interest will be acquired by Munich Re.