Expanding Car Parks Operator Apex Parking Doubles In Size

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Expanding car parks operator Apex Parking has doubled the size of its portfolio by acquiring 10 new properties.

The company has also rapidly grown its workforce with its headcount now standing at 44 after transferring in 21 staff from a previous operator in one day.

Apex Parking‘s newest locations are Pall Mall, Moorfields and Rumford Street in Liverpool, Chorlton Street in Manchester, The Core in Leeds, New Street, Royal Angus, Londonderry and Horsefair in Birmingham and High Street in Weston-super-Mare.

The company, which was founded in 2021, already operated 10 car parks in London, Liverpool, Manchester, Chester, Bristol, Stoke, Ipswich and Hounslow. The new acquisitions came about after National Car Parks (NCP), which was founded in 1931 and with a portfolio of 340 UK car parks, went into administration in March.

Landowner GreenPoint, a global real assets investment firm with more than $1 billion of equity under management, decided to move away from NCP and the administration process and find new operators for their 32 sites.

Working through their pan-European business management company partner Lysara, GreenPoint decided to split its portfolio between Apex Parking, which already ran three sites for them, and another operator.

Director Ben Sullivan said:

“We are particularly pleased to have been chosen as the as preferred management partner for these 10 car parks by GreenPoint."

“We believe their decision was very much influenced by the work we have done to turn around the existing three sites but also for the significant commercial support and insight we gave them post-NCP’s administration announcement."

“This expansion is another significant step in our journey and reflects the confidence our clients continue to place in our team. Strategically it has worked out very well for us, geographically complementing our existing sites and allowing us to both expand and move forward rapidly through economies of scale."

“We will be upgrading the car parks to the most modern standards, making the lighting better, changing bay markings, improving and reducing signage, increasing safety aspects and dealing with anti-social behaviour."

“The installation of new equipment, supplied by APT Skidata, is making the act of parking simpler and more pleasant – and we offer competitive prices, with discounts for subscribers and season tickets and also reward schemes."

“We would like to reassure drivers by pointing out that we will be honouring season tickets previously bought through NCP for our 10 new car parks, even though we are not obliged to do so by law and most likely will not be receiving any of those funds."

“As a responsible employer we are also dedicated to improving the facilities for our dedicated and hard-working staff. They are the face of our business, the people interacting with our customers and dealing with any issues.”

“Working with a landlord who understands our vision in terms of putting staff back into car parks is so refreshing, as is the appreciation that we need to invest to build a decent, sustainable business and it is the long-term revenues we are looking at, not making a quick buck and disappearing.”

Scott Parsons, chief executive of Lysara, said:

“Over the past few months, the team has worked at pace to transition 30 assets into a stronger operating structure, securing long-term income with Q-Park across 20 sites and retaining attractive operational upside across a further 10 sites with Apex."

“This is an important milestone for Lysara. The new arrangements strengthen the quality and resilience of the portfolio, refocus on the customer experience and preserve our flexibility to integrate new services, including EV charging, overtime.”

Apex Parking, founded in 2021, operates 20 car parks across England, including London, Liverpool, Manchester, Leeds, Chester, Bristol and Birmingham. Visit here for more details with Apex Parking.

Photo: Car park operator Apex Parking directors, from left, Iain Selbie, Guy Watson and Ben Sullivan have overseen a doubling of the size of the company with the acquisition of 10 new properties across the country

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Aug 2, 2023
2 min read

Finn Russell will lead Scotland as one of 13 changes to Gregor Townsend’s starting line-up for this Saturday’s Famous Grouse Nations Series encounter with France at Scottish Gas Murrayfield.

Darcy Graham, whose brace of tries helped Scotland to a 25-13 win over Italy at the weekend, retains his place in the back three, where he is joined by fellow wing Duhan van der Merwe and Blair Kinghorn at full back.

Sione Tuipulotu and Huw Jones, who were named in the 2023 Guinness Six Nations Team of the Championship, resume their impressive centre partnership with the former named as one of two vice-captains.

There is a fresh half-back pairing as captain Russell links up with scrum-half Ben White.

In the pack, Matt Fagerson switches to blindside flanker, as part of a back row also containing openside Hamish Watson and No 8 Jack Dempsey.

The experienced heads of Richie Gray and vice-captain Grant Gilchrist – 135 caps between them – line up in the second row.

Ewan Ashman gets the nod to start at hooker, alongside Pierre Schoeman (loosehead prop) and Zander Fagerson (tighthead) in the front row.

Rory Darge, who led Scotland to that Italy win, is one of five forwards named as replacements, with Dave Cherry, Jamie Bhatti, WP Nel and Scott Cummings listed as forward options, with backs George Horne, Cameron Redpath and Ollie Smith completing the matchday 23.

The Scotland team to play France in The Famous Grouse Nations Series at Scottish Gas Murrayfield on Saturday 5 August 2023, kick-off 3.15pm – live on Amazon Prime:

Starting Line Up

15. Blair Kinghorn (Edinburgh Rugby) 44 caps

14. Darcy Graham (Edinburgh Rugby) 34 caps

13. Huw Jones (Glasgow Warriors) 36 caps

12. Sione Tuipulotu (Glasgow Warriors) - Vice-captain - 16 caps

11. Duhan van der Merwe (Edinburgh Rugby) 28 caps

10. Finn Russell (Bath Rugby) - Captain - 69 caps

9. Ben White (Toulon) 14 caps

1. Pierre Schoeman (Edinburgh Rugby) 21 caps

2. Ewan Ashman (Edinburgh Rugby) 7 caps

3. Zander Fagerson (Glasgow Warriors) 58 caps

4. Richie Gray (Glasgow Warriors) 73 caps

5. Grant Gilchrist (Edinburgh Rugby) - Vice-captain - 62 caps

6. Matt Fagerson (Glasgow Warriors) 34 caps

7. Hamish Watson (Edinburgh Rugby) 57 caps

8. Jack Dempsey (Glasgow Warriors) 9 caps

Replacements

16. Dave Cherry (Edinburgh Rugby) 8 caps

17. Jamie Bhatti (Glasgow Warriors) 30 caps

18. WP Nel (Edinburgh Rugby) 54 caps

19. Scott Cummings (Glasgow Warriors) 26 caps

20. Rory Darge (Glasgow Warriors) 8 caps

21. George Horne (Glasgow Warriors) 20 caps

22. Cameron Redpath (Bath Rugby) 6 caps

23. Ollie Smith (Glasgow Warriors) 4 caps

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Expanding Car Parks Operator Apex Parking Doubles In Size

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