Avolta is extremely proud to announce it advised Zenpark on its sale to Yespark.
About Zenpark
Zenpark is a pioneer in short-term booking while Yespark is the leading French platform for long-term parking. Both brands and platforms will continue to coexist under the common governance of Groupe Yespark, which establishes itself as the No. 1 digital parking operator in France and a major player in the French Tech mobility sector.
Founded in 2013, Zenpark has been developing expertise to meet urban parking needs, handling nearly a thousand parking space reservations daily. A pioneer in the sector, the platform has also implemented a shared parking solution for mixed-use parking facilities (residential, office, retail), particularly in new real estate developments such as the Smartseille eco-district and the Bergères district in Puteaux. Zenpark has also experienced strong growth in the hospitality sector, which now accounts for 20% of its business.
Profitable since its creation 11 years ago and experiencing strong growth (+35% per year), Yespark has become the leading reference for long-term parking, with over 40,000 subscribers using the service daily. Yespark also manages 80,000 parking spaces entrusted by social housing providers and commercial real estate players to optimize their vacantassets.
With the addition of Zenpark’s 20,000 spaces, Yespark now lists and connects 100,000 parking spaces across 6,000 parking facilities in over 700 cities in France, Italy, and Belgium. The entity addresses all motorists’ parking needs, from short-term to long-term stays, while also providing parking owners with optimization and digitalization solutions—serving a city that is increasingly mobile and sustainable.
Advising Zenpark in this sale sets another landmark for Avolta in the mobility space, confirming our leadership, having recently advised Vela (€40M financing led by Credit Mutuel Impact), Mecaware (€40M financing led by Credit Mutuel Innovation and BPI-SPI), Instant System (€8M financing led by Demeter) and Cityscoot (€160M total financing over 3 rounds).
