Travel ancillaries firm Holiday Extras has acquired a leading Dutch online parking comparison platform.
The deal for ParkCare for an undisclosed sum follows recent investments in Netherlands-based Quick Parking and Transferz plus car park expansion at Munich airport.
The latest acquisition brings ParkCare’s brands, customer base, and long-term supplier contracts under the Holiday Extras umbrella, “significantly expanding” its airport parking network across Europe.
Founder and chief executive Theo Zijlstra will step down after a handover period while Holiday Extras will retain ParkCare’s operational base in the Netherlands to ensure continuity for customers and suppliers.
Simon Hagger, chief business development officer at Holiday Extras, who led the deal, said:“Many congratulations to Theo for building such a great online parking business over the last 10 years.
“He and his team have secured excellent market share around key European airports by providing customers with a smart and simple online booking experience to compare the prices and quality of hundreds of parking operators.
“Our plans are to deepen the relationships with parking suppliers and over time open up the full Holiday Extras product portfolio to ParkCare customers so we can continue on our mission to make travel organising hassle free across Europe.
“We look forward to working with Theo to ensure a smooth handover and ensuring his team has the warmest of welcomes to Holiday Extras.”
Group chief executive Matthew Pack added: “My thanks to Theo for making the deal easy. ParkCare is a profitable, well run business and Theo is an energetic, can-do, solution-focused entrepreneur whom my team have enjoyed working with to make the deal happen. I wish him all the best with his next project.”
Zijlstra said: “The transition to Holiday Extras has been smooth and constructive, and I am convinced that the business is in the best possible hands.
“Holiday Extras has the ambition and international growth strategy to take ParkCare to the next level, and I have no doubt that they will succeed.
“For me, this is the right moment to take a new step in my life, knowing with certainty that ParkCare’s future is secure and full of potential.”
With a well-established reputation for simplifying parking bookings, ParkCare aligns perfectly with Holiday Extras’ mission to deliver seamless, hassle-free travel planning.