Sam Groves Appointed as APCOA’s New Chief Financial Officer

APCOA Parking Holdings GmbH (“APCOA” and, together with its subsidiaries, the “Group”) is pleased to announce the appointment of Sam Groves as Chief Financial Officer of the Group.

Mr. Groves succeeds Steffen Bätjer, who successfully served as Chief Financial Officer of the Group since his appointment in March 2016.

Mr. Groves has most recently been the Group’s Interim Chief Financial Officer of the Group and joined APCOA in 2019 to lead the Group’s M&A and corporate development activities. Mr. Groves has more than 20 years of international finance leadership and cross-border M&A experience in both public and private equity-backed companies.

Mr. Groves will play an instrumental role in the execution of APCOA’s growth strategy. His key focus areas will be the relationships with financial partners, the contractual discipline with clients and suppliers, as well as the company’s M&A activities.

About APCOA PARKING Group 

APCOA PARKING Group APCOA PARKING Group is Europe's leading parking operator with 50 years of industry expertise. With its 5,000 employees, the company manages more than 1.5 million individual parking spaces at over 12,000 locations in 13 European countries. These include parking spaces at
1,800 city and shopping centre locations, 400 hotels, 250 railway stations, 150 hospitals, and over 60 European airports, all situated in proximity of
70% of the population of APCOAs 13 countries. With its consistent "asset light" business model, APCOA is the trusted partner who maximizes value for private and public real estate owners.

Via its open digital platform APCOA FLOW, the company connects on-street and off-street car parks with clients, partners, customers and theirvehicles. Based on this technology, APCOA is transforming its car parks into Urban Hubs, providing the physical and digital infrastructure for mobility, logistics, e-charging, and technology-based services. Customers profit from innovative and convenient experiences provided by APCOA and its partners which use the car parks to deliver their services. The environment also benefits as the company actively contributes to the
reduction of emissions in cities by decreasing the volume of traffic for logistics and searching for parking. By connecting parking, mobility and services for urban life, APCOA is positioned to be an integral part of the digital and physical urban ecosystem.