Investment Strategy
Core thesis, criteria, and value creation for parking PPP investments targeting 15-25% IRRs.
(Embed growth chart: Parking market CAGR 7.2% to $218B )
Core Thesis
Parking behaves like utilities with stable demand,
generating steady revenue and resilient cash flows;
we target long-term PPP concessions.
Target Opportunities
Multi-Modal Hubs
- Parking + retail/EV
- (20% revenue diversification)
Transit-Adjacent
- Metro-linked facilities
- (govt-backed demand)
Smart Assets
- AI sensors, app bookings
- (+25% yield uplift)
Investment Criteria
Criterion
- Ticket Size
- Geographies
- Yield Target
- Concession
- ESG Score
Parameters
- $50-250M equity
- Megacities (pop >5M): India, Brazil, Africa
- 15-25% IRR, 2.5x MOIC
- 10-15 years, revenue share to ULB
- Minimum B+ (SASB standards)
Value Creation Model
- Originate
- Structure
- Operate
- Exit
- Policy advocacy for RFPs.
- Blended finance (40% equity, 60% debt/grants).
- Tech stack for 95% utilization.
- IPO/secondary at 12-15x multiples (India precedents: 2.5x realized).
203, 62 Orland Square Drive,
Orland Park, IL Lorem ipsum
Email: invest@wacapital.com
Call: +1 (262) 420-8716
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