Founded in 1995 and headquartered in North London, Creative Car Park is a leading, high growth private car park operator that offers a fully automated ANPR enforcement service.
The business installs signage and ANPR cameras to monitor vehicles entering and leaving the sites it operates and prevent the misuse of private land. The service is underpinned by proprietary and scalable software systems, which deliver an automated process through which offending drivers are identified, the vehicle keeper’s details are obtained from the DVLA and Parking Charge Notices are issued.
Rockpool acquired a minority stake in the business in December 2017.
The company has enjoyed 42% growth in annual revenue within the first year since investment.
|Sector||Car Park Management|
|Aim of funding||Growth|
|HMRC Advanced Assurance received||N/A|
|Envisaged investor exit||2021 (4 years)|
|Targeted return||Equity investment return - 5.62x capital invested | Investor loan Return - 2.47x capital invested, including interest payable at 9% per annum and equity upside|