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Overview
Telpark is a parking technology and mobility-services company operating in Spain and Portugal. The company provides mobile parking payments, reservations, subscriptions, access, charging, and management services for on-street and facility parking. It serves drivers, municipalities, property owners, parking operators, businesses, and mobility partners. Its operating model centers on consumer applications and parking operations connected through payment, access, customer-service, and infrastructure systems. Teams work across software, product, payments, parking operations, commercial partnerships, marketing, and customer support. This structure supports consistent delivery across its products and services.
About Telpark
Industries
Automotive & Transportation
Consumer Software
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$1.1B
Headquarters
Madrid, Spain
Founded
1966
Simplify's Take
What believers are saying
- H1 2026 adjusted revenue reached €115.8 million, up 5%, while EBITDA rose 9%.
- Telpark and Allianz launched a Spainwide mobility-insurance alliance on May 20, 2026.
- September 2026 Multipass promotions bundle parking and 30% electric-charging discounts.
What critics are saying
- June 2026 refinancing still leaves Telpark dependent on debt markets and lender confidence.
- Macquarie's planned Empark sale creates execution risk, pricing pressure, and management distraction.
- Municipal parking authorities can reclaim curbside rights, collapsing Telpark's on-street revenue base.
What makes Telpark unique
- Telpark runs 300+ Iberian car parks across Spain, Portugal, and Andorra, with app control.
- Its app unifies parking, regulated street payment, reservations, and EV charging for 5 million users.
- Long concessions, 28 years off-street and 4 years on-street, support local network durability.
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Funding
Total Funding
$1.1B
Above
Industry Average
Funded Over
3 Rounds
Benefits
Life Insurance
Remote Work Options
Paid Vacation
Flexible Work Hours
Wellness Program
Professional Development Budget
Company News
Telpark has successfully issued €540 million in senior secured bonds with a five-year maturity and 4.75% coupon to refinance its existing debt. The transaction will allow the urban mobility company to repurchase its fixed-rate bonds originally issued in January 2020, which were due in 2028, for a notional amount of €475 million. The funds will cover transaction costs, repay its revolving credit facility and maintain cash reserves for future inorganic growth opportunities. Telpark executed the bond acquisition below par, generating a gain. CFO Íñigo Duque said the operation reflects market confidence in the company and optimises its financial structure to support continued growth in Iberian urban mobility. J.P. Morgan and Morgan Stanley served as global coordinators, with BNP Paribas and Bank of America participating in the placement.
The parking company Telpark (Macquarie) launches a 540 million bond issuance to refinance its debt.
Telpark, a leading mobility and parking services company in the Iberian Peninsula, has successfully completed a €300 million bond issue. The transaction is intended to refinance the two existing floating rate tranches of €100 million and €125 million, previously issued in 2025 and 2020. It will also enable an additional amount of 75 million euros to be made available to its shareholders.
Quercus worked with Telpark on this project for the systems to be seamlessly integrated into the facility.
Telpark is Hiring for 3 Jobs on Simplify!
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About Telpark
Industries
Automotive & Transportation
Consumer Software
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$1.1B
Headquarters
Madrid, Spain
Founded
1966
Telpark is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today