CVC DIF to acquire leading Iberian parking infrastructure platform iPark from Elliott Investment Management

By Global Infrastructure Sherpa · Jan 8, 2026

Acquisition Other announced Spain Jan 8, 2026

iPark

Project

CVC DIF, the infrastructure strategy of leading global private equity manager CVC Capital Partners, has agreed to acquire iPark, a large-scale Iberian parking infrastructure platform operating across Spain and Portugal, from Elliott Investment Management. The investment will be made through DIF Infrastructure VIII. iPark owns and operates a diversified portfolio of over 30,000 off-street parking spaces across more than 80 facilities, primarily located in urban centres, hospitals and transport-related locations. The investment by DIF Infrastructure VIII will support iPark’s next phase of growth, building on its established buy-and-build strategy to scale the platform across core Iberian markets while continuing to enhance operational efficiency and digitalisation.

Deal Analysis

CVC DIF's acquisition of iPark from Elliott Investment Management represents a significant investment in Iberian parking infrastructure. The deal provides CVC DIF, through its DIF Infrastructure VIII fund, with a large-scale platform of over 30,000 parking spaces across Spain and Portugal. This acquisition aligns with CVC DIF's strategy of investing in diversified infrastructure assets and supports iPark's growth ambitions through a buy-and-build strategy, operational improvements, and digitalization efforts. The exit by Elliott Investment Management suggests a successful value creation period for the firm. The transaction highlights the continued attractiveness of parking infrastructure as an investment asset class, particularly in urban centers and transport-related locations. iPark's established presence and diversified portfolio provide a solid foundation for CVC DIF to expand its footprint in the Iberian market. The focus on operational efficiency and digitalization suggests a strategic emphasis on enhancing the platform's long-term value and competitiveness. This deal also demonstrates the ongoing interest of large private equity firms in infrastructure assets, seeking stable returns and growth opportunities.

CVC DIF acquires a leading Iberian parking infrastructure platform.
iPark operates over 30,000 parking spaces across Spain and Portugal.
The acquisition supports iPark's expansion and digitalization strategy.
Elliott Investment Management exits its investment in iPark.

Market Context: The Iberian parking infrastructure market is characterized by a mix of public and private operators, with increasing demand driven by urbanization and tourism. The sector offers stable cash flows and opportunities for consolidation and technological upgrades.