Egeria and private shareholders have sold WPS Brasil to Perto

WPS Brasil

Founded in 2001, WPS Brasil is a leading parking automation platform offering an integrated solution that includes all necessary software, hardware, installation, and lifetime servicing. The company’s portfolio consists of complete off-street parking solutions, including proprietary software (on premises and cloud) and hardware for access control, payment, management, and other complementary features such as marketing and integration with (legacy) systems. WPS serves more than 540 clients across key sectors, including shopping malls, parking operators, vehicle tag providers, business centers, hospitals, supermarkets, and other industries, with a presence at more than 1,660 sites nationwide. The company handles over 3 million vehicles daily across 26 states in Brazil and employs more than 200 professionals.

The Deal

WPS Brasil was established in 2001 by Brazilian shareholders as a subsidiary of WPS Group, a Dutch multinational founded in 1985 with operations in North America and Europe (WPS North). WPS Brasil was the last remaining entity within the Dynniq Group, which was acquired by Egeria in 2015 and included companies focused on mobility, energy, and parking solutions. In 2024, Egeria and private shareholders began an organized sale process for WPS Brasil. A competitive process, led by Lincoln International, resulted in Perto—a Brazilian family-owned company specializing in parking, payment, and self-checkout solutions—being selected as the final buyer. This acquisition represents a transformative milestone for Perto as it will significantly increase its market presence in off-street parking and expand its solutions portfolio. Lincoln acted as the exclusive financial advisor to WPS Brasil’s shareholders in the transaction, supporting the seller in all aspects of the deal.

Our Perspective

James Sinclair, Managing Director and Chief Executive Officer of Lincoln’s São Paulo office, who led the transaction, commented, “We are proud to have served as the financial advisor to WPS Brasil’s shareholders in this landmark transaction within the Brazilian parking industry. This deal highlights Lincoln’s ability to lead with a diverse group of shareholders from Brazil and the Netherlands, while fostering a competitive environment with both national and international bidders, and ultimately achieving a premium valuation for our clients.”

Egeria

Egeria is a leading Dutch private equity firm that focuses on investing in businesses with growth potential in the Netherlands and the DACH region, targeting companies with an enterprise value of up to 350 million euros. Its portfolio includes companies from various sectors, such as food, IT, industrial, hospitality, packaging, and others. Egeria is currently investing its fifth fund, which has a total equity commitment of 800 million euros.

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