M&A Deal Summary

Propark Mobility Acquires Pilgrim Parking

On March 2, 2022, Propark Mobility acquired business services company Pilgrim Parking

Acquisition Highlights
  • This is Propark Mobility’s 2nd transaction in the Business Services sector.
  • This is Propark Mobility’s 2nd transaction in the United States.
  • This is Propark Mobility’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2022-03-02
Target Pilgrim Parking
Sector Business Services
Buyer(s) Propark Mobility
Deal Type Add-on Acquisition

Target

Pilgrim Parking

Boston, Massachusetts, United States
website
Pilgrim Parking is a privately held parking companies provide clients and customers with a complete range of operations, planning, and design services. Pilgrim Parking manage, lease, and own some of the newest and largest parking facilities in the region. Pilgrim Parking is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Propark Mobility

Hartford, Connecticut, United States

website

Category Company
Sector Business Services
DESCRIPTION

Propark Mobility is a provider of full-service parking and mobility services for over 500 hospitality, healthcare, commercial and off-airport locations. Propark Mobility is based in Hartford, Connecticut.

DEAL STATS #
Overall 2 of 4
Sector (Business Services) 2 of 3
Type (Add-on Acquisition) 2 of 4
State (Massachusetts) 1 of 1
Country (United States) 2 of 4
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-13 Sovereign Services

Houston, Texas, United States

Sovereign Services is a premier parking management services for hotels, restaurants, events, and healthcare facilities. Sovereign Services is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-13 California Parking

San Francisco, California, United States

California Parking is a parking management company. California Parking was founded in 1954 and is based in San Francisco, California.

Buy -
Mergr

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