WTS Legal advised Q-Park B.V. on the acquisition of Bavaria Parkgaragen GmbH

Munich, July 02, 2025 - WTS Legal, part of the WTS Group, a full-service provider of tax advice and complementary financial advisory services, led by Konstantin Heitmann, has provided comprehensive legal advice to Q-Park B.V. on the acquisition of Bavaria Parkgaragen GmbH by Q-Park Germany. The transaction was completed in June 2025.

Q-Park is a leading European provider of premium parking spaces with a focus on convenience, security and service, supported by a digital platform for efficient urban mobility. With EUR 943.0 million in revenue in 2024 and over 1,000,000 parking spaces in more than 5,300 parking garages in seven Western European countries, Q-Park is known as a quality partner for parking solutions and sustainable mobility.

Through steady growth, the company has very quickly become one of the European market leaders. In Germany, Q-Park is active through its subsidiary Q-Park Deutschland and operates 169 parking garages with approximately 66,000 parking spaces. With this acquisition, Q-Park will further consolidate its position as one of the leading players in the German market.

Bavaria Parkgaragen, a company of Blue Lion GmbH, the family office of the Munich-based entrepreneurial family Schörghuber, is one of the largest private parking garage operators in Germany. The company operates 26 parking garages with more than 12,000 parking spaces. Bavaria Parkgaragen is present in numerous German cities, particularly in Munich and Berlin, where most of the parking garages it operates are in prime inner-city locations. The company primarily operates privately owned parking garages.

Konstantin Heitmann and his team provided comprehensive legal advice to Q-Park on this buy-side transaction and supported the entire acquisition process up to the successful completion of the transaction. WTS was responsible for the legal due diligence as well as the drafting and negotiation of the purchase agreement and the annex contracts. In addition, support was provided in preparing the closing, which was completed on June 30, 2025.

WTS Legal advisory team

Konstantin Heitmann (Corporate / M&A, Real Estate, Team Lead)
Julia Herminghaus (Corporate, Real Estate)
Annika Deller (Commercial, Real Estate)
Nathalie Polkowski (Employment)
Johannes Franzmeier (Employment)

About Q-Park

Q-Park operates internationally as a provider of specialized services for the management, development and modernization of parking properties. In Germany, the focus is on inner-city parking and parking at highly frequented public locations. The company sees itself as a partner to urban planners and private project developers and aims to use its properties to help make urban spaces more attractive - now and in the future.

Further information: www.q-park.de