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This Summer - IT'S ON with Disney Pixar's Cars 3!

Press Releases   •   Jul 10, 2017 15:08 GMT

This Summer – IT’S ON! Award winning parking provider Q-Park is celebrating the release of Disney Pixar’s Cars 3. Q-Park is giving away the chance to win a family weekend to The Goodwood Festival of Speed 2018. The motor racing event of the year is held at Goodwood Racing Circuit . One Q-Parker will receive free parking for three months at any Q-Park with an overall package worth over €2,000!

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Raising funds for the Mercy Cancer Appeal

Press Releases   •   Jul 10, 2017 11:28 GMT

​The Mercy University Hospital is now recognised as the Centre of Excellence for Gastroenterology in the Cork and Kerry region. The EUS unit at The Mercy has both a national and international reputation and MUH is the only hospital outside Dublin offering this service. So far in 2017, we've proudly donated €11,156.00

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0ver €6,000 towards the Parents Overnight Room at Temple Street ICU

Press Releases   •   Jul 03, 2017 15:55 GMT

With sometimes no warning whatsoever, people's lives are thrown into chaos when a child is admitted into the Intensive Care Unit. Being a parent of a child in ICU can be terrifying and having a facility where your family can stay in the hospital, near to your child can be invaluable. We are proudly sponsoring the refurbishment of the Parents Overnight Room of ICU patients at Temple Street CUH

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100% of Q-Park shareholders accept offer of KKR Infrastructure

Press Releases   •   Jun 14, 2017 10:54 GMT

Partnership with KKR Infrastructure will support company’s growth strategy – KKR, a leading global investment firm, has today announced that 100% of the shareholders of Q-Park N.V. (Q-Park) have accepted its offer for all shares in Q-Park.

Vincent Policard, Director of KKR Infrastructure, said: “We are delighted to have received the approval of the full Q-Park’s shareholder base. We look forward to working with the company to support its growth strategy, team up with public and private partners to provide mobility solutions for the cities and offer Q-Park enhanced access to funding in the context of the anticipated consolidation of the fragmented parking industry.”

Frank De Moor, CEO of Q-Park, said: “This is an important milestone for Q-Park. KKR’s sector expertise, track record and a broad range of financial and operational capabilities make it the perfect partner for the next stage in the company’s development. I look forward to working closely with the KKR team as we capitalise on the opportunities ahead of us.”

Under KKR’s ownership, Frank De Moor, Chairman of the Management Board and CEO since 2014, and Marcello lacono, CFO since 2015, will continue to head the management team. All current arrangements with works councils, relevant trade unions, and Q-Park’s staff remain in place.

The transaction is subject to customary regulatory approvals and is expected to close in the second half of 2017. Q-Park’s ownership shifts from the current group of shareholders to KKR's infrastructure funds.

-Ends-

About KKR

KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world‐class people, and driving growth and value creation at the asset level. KKR invests its own capital alongside its partners' capital and brings opportunities to others through its capital markets business. References to KKR's investments may include the activities of its sponsored funds. For additional information about KKR & Co. L.P. (NYSE:KKR), please visit KKR's website at www.kkr.com and on Twitter @KKR_Co.

About Q-Park

Q-Park is one of Europe’s leading parking services providers, with 871,449 parking spaces in 6,343 secure, clean, and well-managed parking facilities across ten Northwest European countries. Q-Park provides a high level of quality which is maintained by a workforce of 2,152 full-time employees with costs controlled through the use of increasingly smarter solutions and systems. We demonstrate that effective regulated and paid parking make an economic contribution to cities and society and that a positive parking experience contributes to how people enjoy their visit, journey, shopping, or commute. For more information about Q-Park, please visit www.q-park.com.

Media contacts

UK & International

Victor Mallet - KKR E-mail: victor.mallet@finsbury.com Phone: +44(0)20 7251 3801

Sacha Oerlemans - Q-Park N.V E-mail: sacha.oerlemans@q-park.com Phone: +31 627 830 359

Frank Jansen and/or Suzanne Bakker - Q-Park

Citigate First Financial E-mail: q-park@citigateff.nl Phone: 31 621 542 369 / +31 611

The Netherlands

Ciel Stevens - KKR E-mail: Ciel.Stevens@hkstrategies.com Phone: +31 20 404 47 07

France

Olivier Blain - KKR E-mail: ob@addingvalueconseils.com Phone: +33 6 72 28 29 20

Germany

Regina Frauen - KKR E-mail: rfrauen@heringschuppener.com Phone: +49 69 92 18 74 84

​Partnership with KKR Infrastructure will support company’s growth strategy – KKR, a leading global investment firm, has today announced that 100% of the shareholders of Q-Park N.V. (Q-Park) have accepted its offer for all shares in Q-Park.

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Q-Park N.V. Shareholders receive offer from KKR Infrastructure

Press Releases   •   May 25, 2017 10:28 GMT

Maastricht, the NETHERLANDS– Q-Park N.V. (“Q-Park”), a leading European parking services provider, today announces that the shareholder committee of Q-Park, representing the shareholders of Q-Park, has entered into an exclusivity agreement with KKR’s infrastructure investment platform (“KKR Infrastructure”), which has made an irrevocable and unconditional offer for the acquisition of 100% of the outstanding share capital of Q-Park. KKR Infrastructure has submitted this offer to all Q-Park shareholders for their acceptance. The Supervisory Board and Management Board of Q-Park unanimously support the transaction. Q-Park is currently owned by a group of shareholders consisting mainly of institutional investors, including pension funds and insurance companies. This offer follows a structured sale process which was initiated last year by the existing shareholders of Q-Park in order to further diversify their investments. The transaction represents an enterprise value of c. €2,950 million, or a multiple of EBITDA 2016 of over 15x.

Key Highlights

KKR is a leading, global investment firm that manages investments across multiple asset classes, including infrastructure. As of March 31st 2017, KKR has $138 billion of assets under management. The transaction is being made through KKR´s infrastructure funds.

KKR Infrastructure fully supports Q-Park’s long-term strategy and the ambition to play a leading role in the anticipated consolidation of a fragmented parking industry.

With its deep infrastructure, mobility and real estate sector experience as well as a strong track record of long-term and sustainable investments in regulated industries, KKR Infrastructure can offer Q-Park additional strategic, financial and technical support capabilities as well as enhanced access to funding for capturing future growth opportunities.

The offer is subject to acceptance by existing Q-Park shareholders and to customary regulatory approvals.

Frank De Moor, CEO of Q-Park, said: “Today’s announcement marks an important step for Q-Park. With KKR Infrastructure as a new and strong shareholder we have the best partner to accelerate the roll out of our existing strategic growth plans, explore suitable acquisitions and leverage our scale. We continuously strive to be a frontrunner in the industry by applying smart technology, combining best value with a seamless customer experience. This will also better position us for teaming up with public and private partners, launching new business propositions and provide mobility solutions for the challenges cities are increasingly facing.”

Jesus Olmos, Global Co-Head of KKR Infrastructure, said: “Q-Park offers us an investment opportunity that matches our long-term view on the characteristics of the parking industry and off-street parking in particular. Q-Park is a high-quality company with a strong management team, a highly knowledgeable employee base and a well-diversified asset portfolio. KKR Infrastructure has full confidence in Q-Park’s management team and we look forward to supporting the current growth strategy by further strengthening Q-Park’s market leading position and further enhancing its reputation as a best-in-class parking operator.”

Q-Park Financial Performance

Q-Park has created a highly efficient operation with a prudent capital structure. This is reflected in our financial performance which shows a record performance in 2016 with a net revenue of €825 million and an EBITDA of €194.9 million. Q-Park’s existing capital structure and financing strategy will be maintained.

Governance, Management and Staff

Under the envisaged new ownership, Frank De Moor, Chairman of the Management Board and CEO since 2014, and Marcello Iacono, CFO since 2015, will continue to head the management team. Following completion of the transaction, the Supervisory Board will be brought in line with the new ownership structure.

The proposed change of ownership will not impact staff nor their terms of employment, recognising staff to play an ongoing instrumental role in the strategic growth plans for the years to come. As such, current arrangements with the works councils and relevant trade unions will also be maintained.

Q-Park will continue its operations as a standalone entity with headquarters, central management and key support functions in Maastricht, The Netherlands. The brand name and corporate identity are a strength and clear differentiator in the parking industry and will therefore also be maintained.

Shareholder Acceptance and Other Conditions

The irrevocable and unconditional offer is subject to acceptance by existing Q-Park shareholders and to customary regulatory approvals. Subject to required approvals, the transaction is expected to close in the second half of 2017.

Advisors

The Supervisory and Management Boards of Q-Park were advised by Stibbe and Alantra. De Brauw Blackstone Westbroek and J.P.Morgan acted as advisors to the shareholders of Q-Park. KKR Infrastructure was advised by Clifford Chance and ING.

- ENDS -

About Q-Park

Q-Park is one of Europe’s leading parking services providers, with 871,449 parking spaces in 6,343 secure, clean, and well-managed parking facilities across ten Northwest European countries. We provide a high level of quality which is maintained by a workforce of 2,152 full-time employees with costs controlled through the use of increasingly smarter solutions and systems. We demonstrate that effective regulated and paid parking make an economic contribution to cities and society and that a positive parking experience contributes to how people enjoy their visit, journey, shopping, or commute. Our activities focus on providing services related to parking at specific locations: in or near multifunctional inner-city areas, at public transport interchanges, and at hospitals. We create value by providing high-quality functionality for built parking facilities and off-street parking at strategic locations. We do business with a long-term perspective and from a solid financial basis. By applying innovative technology and by working together with public and private partners, we offer sustainable, efficient, profitable, and customer-friendly parking solutions. For more information: www.q-park.com.

*Data as per year-end 2016

For further information please contact:

Q-Park N.V. - Sacha Oerlemans

T +31 627 830 359

E sacha.oerlemans@q-park.com

Frank Jansen and/or Suzanne Bakker - Citigate First Financial

T +31 621 542 369 / +31 611 368 659

E q-park@citigateff.nl

Q-Park N.V a leading European parking services provider, today announces that the shareholder committee of Q-Park, representing the shareholders of Q-Park, has entered into an exclusivity agreement with KKR’s infrastructure investment platform, which has made an irrevocable and unconditional offer for the acquisition of 100% of the outstanding share capital of Q-Park.

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Driving savings across Ireland with AXA

Press Releases   •   May 23, 2017 13:37 GMT

What helps us stand out from ordinary car parking companies is our commitment to bring loyal partnerships with recognized organizations throughout the region to promote quality & safe driving. We've teamed up with AXA to bring further value to quality parkers at Q-Park. AXA have been a long standing partner of Q-Park Ireland but now we've made it even easier - and added even further savings!

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Q-Park donate over €30,000 for Temple Street through Discounted Parking Scheme

Press Releases   •   Apr 10, 2017 07:51 GMT

Temple Street Foundation is the fundraising organisation for Temple Street Children's University Hospital, whose one key goal is to help save the lives of critically ill children in Ireland, now and for generations to come. The foundation does this through funding paediatric research, ward and hospital redevelopment, vital equipment and patient support services.

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Q-Park Sails Away with Disney's Moana!

Press Releases   •   Apr 04, 2017 15:35 GMT

Award winning parking provider Q-Park is teaming up with Disney to promote the UK and Ireland home entertainment release of Walt Disney Animation Studios’ latest hit animation, Moana

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Q-Park and ISM team up to encourage safe driving - and parking for learner drivers across Ireland

Press Releases   •   Feb 24, 2017 15:32 GMT

Q-Park relaunch their successful partnership with The Irish School of Motoring for 2017 to promote safe driving with exclusive driving experience opportunities available to ISM learner drivers across Ireland.

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Supporting The Mercy Cancer Appeal

Press Releases   •   Feb 13, 2017 13:45 GMT

It is estimated that every 3 minutes in Ireland, someone is diagnosed with cancer. An average of over 40,000 new cases of cancer are diagnosed each year. The Mercy Cancer Appeal is raising funds to develop the Mercy Cancer CARE Centre with an aim to be at the forefront of diagnosis, research, treatment and care.

About Q-Park

Q-Park is an independent international parking company which operates quality city centre parking facilities

Q-Park are one of Europe's leading parking providers, with more than 835,000 parking spaces over 6,000 clean and secure facilities across 10 countries; the Netherlands, Germany, Belgium, Great Britain, France, Ireland, Denmark, Sweden, Norway and Finland, of which we are the indisputable market leader in four.

We are recognised across ten Northwest European countries as a provider of quality parking facilities.
The high level of quality that we provide is maintained by our 2,500 employees and costs are controlled through the use of increasingly smarter solutions and systems.
We demonstrate that effective paid and regulated parking makes an economic contribution to cities and society, and that a positive parking experience contributes to how people enjoy their visit, journey, shopping or commute.
We focus on transforming the customer experience of parking into one that is a welcome part of any journey, as car parks often provide the first impression of the destination.