M&A Deal Summary

Propark Mobility Acquires Atlantic Services Group

On November 1, 2023, Propark Mobility acquired business services company Atlantic Services Group

Acquisition Highlights
  • This is Propark Mobility’s 3rd transaction in the Business Services sector.
  • This is Propark Mobility’s 4th transaction in the United States.
  • This is Propark Mobility’s 1st transaction in District of Columbia.

M&A Deal Summary
Date 2023-11-01
Target Atlantic Services Group
Sector Business Services
Buyer(s) Propark Mobility
Deal Type Add-on Acquisition

Target

Atlantic Services Group

Washington, District of Columbia, United States
Atlantic Services Group is a parking management company that serves clients and customers in Washington, D.C., Maryland, and Virginia. Atlantic Services Group was formed in 1985 and is based in Washington DC.

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Buyer(S) 1

Buyer

Propark Mobility

Hartford, Connecticut, United States
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 4 of 6
Sector (Business Services) 3 of 4
Type (Add-on Acquisition) 4 of 6
State (District of Columbia) 1 of 1
Country (United States) 4 of 6
Year (2023) 2 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-03 Southern Valet & Transportation

West Columbia, South Carolina, United States

Southern Valet & Transportation is a provider of valet, transportation, and parking management services. The company specializes in managing parking lots and garages of all sizes, offering comprehensive services such as lot management, area clean-up, and citation management. Southern Valet & Transportation was formed in 2005 and is based in West Columbia, South Carolina.

Buy -
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