EQT to acquire Australia’s Orikan; India’s Smartworks expands Singapore workspace footprint

EQT’s mid-market fund will acquire the Melbourne-headquartered parking, enforcement and compliance technology provider, while Smartworks’ Singapore subsidiary has acquired Workstudio Spaces for an equity value of S$2.47 million.

EQT has agreed to acquire Orikan, an Australian provider of integrated parking, enforcement and compliance technology solutions, through the BPEA EQT Mid-Market Growth Partnership (MMG Fund), according to a July 6 announcement.

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