EQT has agreed to acquire Orikan, a Melbourne-based provider of integrated parking, enforcement and compliance technology services.
The acquisition will support Orikan’s next phase of growth through continued investment in service delivery, product development, customer operations and data and AI capabilities. EQT also plans to leverage its global platform and expertise in technology-enabled services to help the company expand into adjacent customer segments and international markets.
Orikan provides integrated parking operations, enforcement and infringement management services, supported by proprietary software, hardware, payments and data capabilities. Headquartered in Melbourne, the company employs nearly 400 people and serves hundreds of public- and private-sector customers—including universities, airports, hospitals and stadiums—across Australia, New Zealand and North America. Its platform helps customers manage the full parking lifecycle as demand grows for smarter mobility infrastructure and outsourced operational support.