Indigo has been present in Colombia and Panama since March 2016 with its subsidiary City Parking.
City Parking, a leading parking operator in Colombia and Panama, was founded nineteen years ago in Bogota and expanded its activities ten years ago to Panama.
A city often compared to Singapore because of its fast urban growth, Panama City plays an important strategic role for urban mobility operators. In Colombia, City Parking has 720 employees, is located in 6 cities, with 110 car parks representing nearly 20,000 parking spaces, including 2,000 motorcycle spaces and 1,200 bicycle spaces. In Panama, City Parking Panama is the current market leader, with 30 car parks offering nearly 3,000 parking spaces.
Year after year, City Parking has proven itself to be an innovative parking operator with an understanding of how to adapt itself perfectly to the new stakes in individual mobility. City Parking also manages four car parks in Bogota, using a contractual model similar to the concession agreements that are currently used most notably in France.
Download the Press Release of the acquisition