M&A Deal Summary

Towne Park Acquires Mile Hi Valet Services

On October 6, 2008, Towne Park acquired business services company Mile Hi Valet Services from AmeriPark

Acquisition Highlights
  • This is Towne Park’s 1st transaction in the Business Services sector.
  • This is Towne Park’s 1st transaction in the United States.

M&A Deal Summary

Date 2008-10-06
Target Mile Hi Valet Services
Sector Business Services
Buyer(s) Towne Park
Sellers(s) AmeriPark
Deal Type Divestiture

Target

Mile Hi Valet Services

United States
Mile Hi is a valet parking company focused solely on the hospitality and hotel sectors across the United States.

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Buyer(S) 1

Buyer

Towne Park

Annapolis, Maryland, United States

website


Category Company
Founded 1988
Sector Business Services
Employees2,500
DESCRIPTION

Towne Park is a provider of contracted hospitality services and parking systems nationwide. Towne Park was founded in 1988 and is based in Annapolis, Maryland.


DEAL STATS #
Overall 1 of 5
Sector (Business Services) 1 of 3
Type (Divestiture) 1 of 1
Country (United States) 1 of 5
Year (2008) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-03 M.V.P. Services

Cleveland, Ohio, United States

M.V.P. Services is a valet service company in Cleveland, Ohio. M.V.P. is the valet of choice for nearly all of Cleveland’s entertainment districts and most of its leading hotels.

Buy -

Seller(S) 1

SELLER

AmeriPark

Atlanta, Georgia, United States

website


Category Company
Founded 1986
Sector Business Services
DESCRIPTION

AmeriPark is a full service parking company which provides parking management services within select, major markets across the United States. AmeriPark’s CEO Roger “Chip” Patterson founded AmeriPark in 1986 with a single parking location in Atlanta, Georgia.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1