M&A Deal Summary

Propark Mobility Acquires California Parking

On September 13, 2023, Propark Mobility acquired consumer services company California Parking

Acquisition Highlights
  • This is Propark Mobility’s 1st transaction in the Consumer Services sector.
  • This is Propark Mobility’s 3rd transaction in the United States.
  • This is Propark Mobility’s 1st transaction in California.

M&A Deal Summary
Date 2023-09-13
Target California Parking
Sector Consumer Services
Buyer(s) Propark Mobility
Deal Type Add-on Acquisition

Target

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.

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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 3 of 6
Sector (Consumer Services) 1 of 2
Type (Add-on Acquisition) 3 of 6
State (California) 1 of 2
Country (United States) 3 of 6
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-02 Pilgrim Parking

Boston, Massachusetts, United States

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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-01 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.

Buy -
Mergr

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