M&A Deal Summary

Imperial Parking Acquires San Francisco Parking - Assets

On October 1, 2015, Imperial Parking acquired consumer services company San Francisco Parking - Assets from San Francisco Parking

Acquisition Highlights
  • This is Imperial Parking’s 1st transaction in the Consumer Services sector.
  • This is Imperial Parking’s 1st transaction in the United States.
  • This is Imperial Parking’s 1st transaction in California.

M&A Deal Summary

Date 2015-10-01
Target San Francisco Parking - Assets
Sector Consumer Services
Buyer(s) Imperial Parking
Sellers(s) San Francisco Parking
Deal Type Divestiture

Target

San Francisco Parking - Assets

San Francisco, California, United States
San Francisco Parking, Inc. (dba City Park) - Assets provides parking facilities in the San Francisco Bay Area.

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Buyer(S) 1

Buyer

Imperial Parking

Vancouver, British Columbia, Canada

Category Company
Founded 1962
Sector Business Services
DESCRIPTION

Imperial Parking Corp. is one of the largest parking management companies in North America, operating approximately 4,600 parking facilities with 16,000 employees in more than 400 cities across the United States and Canada.


DEAL STATS #
Overall 1 of 2
Sector (Consumer Services) 1 of 2
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 2
Year (2015) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-08 Republic Parking System

Chattanooga, Tennessee, United States

Republic Parking System, Inc. is specializes in providing parking, shuttle, curbside valet and traffic management services to airports, also parking and citation management systems for municipalities, as well as operating commercial parking operations in cities including Chattanooga, Denver, Houston and Seattle.

Buy -

Seller(S) 1

SELLER

San Francisco Parking

San Francisco, California, United States

Category Company
Founded 1953
Sector Consumer Services
DESCRIPTION

San Francisco Parking, Inc. (dba City Park) operates 85 parking facilities in the San Francisco Bay Area including a number of the area's most prestigious hotels, hospital facilities, and Levi Stadium in Santa Clara.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1