Conduent completes sale of off-street parking business

Florham Park-based Conduent Inc. announced Tuesday it has completed the sale of its off-street parking business to investment firm Andera Partners.

The sale includes Conduent’s multi-park system in France and the U.K., as well as its U.S. airport parking business.

Bryan, Garnier & Co. served as the financial adviser and Osborne Clark LLP served as legal counsel to Conduent.

Financial terms were not disclosed.