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  6. Impark Parking Acquires City Center Parking

M&A Deal Summary

Impark Parking Acquires City Center Parking

On January 3, 2013, Impark Parking acquired business services company City Center Parking

Acquisition Highlights
  • This is Impark Parking’s 1st transaction in the Business Services sector.
  • This is Impark Parking’s 1st transaction in the United States.
  • This is Impark Parking’s 1st transaction in Oregon.

M&A Deal Summary
Date 2013-01-03
Target City Center Parking
Sector Business Services
Buyer(s) Impark Parking
Deal Type Add-on Acquisition
Advisor(s) The Spartan Group (Financial)

Target

City Center Parking

Portland, Oregon, United States
City Center Parking has been in the parking business since 1955. We currently operate 200 parking facilities. These include such notable parking systems as the Portland Trailblazer's 3,000-stall Oregon Arena Project, the 900-stall Oregon Convention Center and the 3,000-stall State of Oregon Fairgrounds parking facility in Salem.

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Buyer(S) 1

Buyer

Impark Parking

Vancouver, British Columbia, Canada
Category Company
Founded 1962
Sector Business Services
DESCRIPTION

Impark (Imperial Parking Corporation) is one of the largest parking management companies in North America, operating over 2,600 parking facilities with 550,000 parking spaces in 34 cities in Canada and the United States.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Oregon M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1
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