Headquartered in Madrid, iPark owns and operates a portfolio of more than 30,000 parking spaces across more than 80 facilities in Spain and Portugal, with a diversified asset base present in urban centres, hospitals, and transport-related locations, like off-site airport car parks
Elliott Investment Management is one of the oldest fund managers of its kind under continuous management. As of June 30, 2025, Elliott manages approximately $76.1 billion in assets
Process
DC Advisory acted as sole financial advisor to Elliott Investment Management
DC Advisory leveraged its extensive experience, sector knowledge, and international reach to identify, screen, and contact potential purchasers. The team also contributed to several workstreams, including the preparation of marketing materials, coordination of due diligence advisors and inquiries, and advice on transaction documentation
DC Advisory ran a tailored and competitive process, structured around existing portfolio of assets and growth opportunities on the back of Iberian parking sector consolidation, which resulted in interest from both strategic and financial investors
Outcome
In December 2025, Elliott entered into a definitive agreement to sell its 100% shareholding in iPark to CVC DIF
The transaction is expected to complete in early 2026 and is subject to customary closing conditions
This transaction represents the sixth car‑parking transaction advised by DC Advisory in Europe (the fifth in Spain) over the past three years, further strengthening our Iberian parking and wider transport credentials
