City Parking S.A.S
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City Parking S.A.S - overview
Established
1998
Location
-, Cundinamarca, Colombia
Primary Industry
Software
About
City Parking S. A. S specializes in providing innovative parking solutions for urban environments, enhancing user convenience through a mobile application designed for seamless payment and parking location services. Founded in 1998 in Colombia, City Parking S.
A. S offers urban parking solutions. In March 2016, Indigo acquired a 50% stake in the company. The firm has executed 2 deals since its inception, focusing on enhancing the parking experience in major Colombian cities.
City Parking - Grupo Indigo Colombia provides services aimed at improving urban parking experiences. Their mobile application allows users to register payment information, request drivers, and find parking spots, catering to both individual consumers and businesses requiring reliable parking solutions. In 2023, City Parking reported a revenue of USD 17. 76 mn, with an EBITDA of USD 2.
47 mn. The company generates revenue primarily through transaction fees from its mobile application and related services, focusing on direct-to-consumer transactions. City Parking plans to expand its services and product offerings, focusing on new developments in their mobile application, with updates aimed at enhancing user experience. They are targeting new markets within Colombia's major urban areas for expansion.
The funding from their recent acquisition in 2016 will support these strategic initiatives and bolster their operational efficiency.
Primary Industry
Software
Sub Industries
Consulting Services, Facilities & Maintenance Services, Analytics & Performance Software
Website
www.city-parking.com
Verticals
Mobile Apps
Company Stage
Acquired
Total Amount Raised
Subscriber access only
City Parking S.A.S - timeline of key events
City Parking S.A.S - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 44,703,461,000 | 47,082,949,000 | 54,196,579,000 | 55,054,349,000 | 30,091,055,000 | 38,791,742,000 | - | - | - |
| % Revenue Growth (YoY) | - | 5.3% | 15.1% | 1.6% | (45.3%) | 28.9% | - | - | - |
| EBITDA (USD) | 3,673,087,000 | 2,576,796,000 | 4,773,285,000 | 14,169,496,000 | 3,084,207,000 | 639,773,000 | - | - | - |
| Operating Income (USD) | 1,597,120,000 | 743,290,000 | 2,384,695,000 | 1,802,072,000 | (7,679,858,000) | (4,949,894,000) | - | - | - |
| Operating Margin | 3.6% | 1.6% | 4.4% | 3.3% | (25.5%) | (12.8%) | - | - | - |
| % EBITDA Margin | 8.2% | 5.5% | 8.8% | 25.7% | 10.2% | 1.6% | - | - | - |
| NET Income (USD) | 302,620,000 | (605,634,000) | 691,724,000 | (3,039,606,000) | (10,736,726,000) | (7,478,544,000) | - | - | - |
| % Net Margin | 0.7% | (1.3%) | 1.3% | (5.5%) | (35.7%) | (19.3%) | - | - | - |
City Parking S.A.S - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | City Parking S.A.S | - | ||||||||
| Buyout | Completed | City Parking S.A.S | - |
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City Parking S.A.S - employee data
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