Bridgepoint Capital, the UK private equity company formerly known as NatWest Equity Partners, has backed a management buyout at Nordisk Parkering, the largest privately owned car park operator in the Nordic region, in a deal worth over SEK800m (€86.3m).

Nordisk Parkering, which operates under the trading name CarPark, operates 150,000 car parking spaces in major towns and cities in Sweden, Denmark, and Norway. It was previously subject to a management buyout in 1998, when it was acquired by UBS Capital. Car park management accounts for more than 80% of the company's revenues, with parking enforcement comprising the remaining 20%. The company expects a turnover of approximately SEK600m for 2001.