Ardian has partnered with Indigo Group, a global player in parking and urban mobility, to invest in Canadian parking assets.
The partners will do so via a new Canadian joint venture, dubbed Clermont. Within the partnership, Ardian will support Clermont’s digitization and sustainability initiatives, and Indigo will contribute its Canadian-owned properties, while retaining the operations for each of the properties through Indigo Park Canada. Both Ardian and Indigo will deploy additional equity over the long term, acquiring parking assets along with long-term concessions and leases. Indigo will manage the operations of these assets.
The partnership between Ardian and Indigo represents the continuation of a long-standing and successful collaboration between the two companies that began in 2014. The transaction will be made through the Ardian Americas Infrastructure Fund V (AAIF V), which