On 6 December 2019, m.partners GmbH and Communicatio AG, both Maffei & Co. companies, acquired a majority stake in Park Your Truck GmbH, Dessau-Roßlau, the leading brokerage platform for truck parking spaces, as part of a capital increase.
The performance pact consists not only of the provision of additional liquidity, but also of management and technology services: The management consultancy m.partners GmbH is supporting the rapid growth of Park Your Truck, as is Communicatio AG, which will be responsible for the development and operation of a highly secure and scalable technical platform.
The involvement of Maffei & Co. has also created the conditions for funding from the state of Saxony-Anhalt. The previous shareholders, a Munich-based family office and another entrepreneur in addition to the founder, will remain on board and provide support with their network.
About Park Your Truck (PYT)
PYT is developing a platform economy for the procurement of truck parking spaces in order to address the unspeakable conditions on motorways and in industrial estates in many municipalities and cities caused by wildly parked trucks. PYT also offers municipal solutions for the delivery traffic of busy businesses. Park Your Truck currently works with around 120 haulage companies and a good 30 municipalities; more than 4,000 parking spaces have already been acquired in 2019.