M&A Deal Summary

The Broe Group Acquires Platinum Parking

On August 19, 2024, The Broe Group acquired consumer services company Platinum Parking

Acquisition Highlights
  • This is The Broe Group’s 2nd transaction in the Consumer Services sector.
  • This is The Broe Group’s 3rd transaction in the United States.
  • This is The Broe Group’s 1st transaction in Texas.

M&A Deal Summary

Date 2024-08-19
Target Platinum Parking
Sector Consumer Services
Buyer(s) The Broe Group
Deal Type Add-on Acquisition

Target

Platinum Parking

Dallas, Texas, United States
Platinum Parking operates over 300 facilities in the US and Canada with over 100,000 parking spaces. Platinum Parking was founded in 2000 and is based in Dallas, Texas.

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Buyer(S) 1

Buyer

The Broe Group

Denver, Colorado, United States

Category Company
Founded 1972
Sector Diversified
DESCRIPTION

The Broe Group is a diversified company, provides real estate, transportation, energy and investment organization with assets owned and managed across North America. The Broe Group was founded in 1972 and is based in Denver, Colorado.


DEAL STATS #
Overall 3 of 3
Sector (Consumer Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Texas) 1 of 1
Country (United States) 3 of 3
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-22 Icon Parking

New York City, New York, United States

Icon Parking is a provider of parking services in New York City metro and one of the largest in the nation with almost 200 locations. Icon Parking leverages its digital and advanced analytics platform to provide parking operations, management, and related services to clients through extraordinarily engaged team members across commercial office buildings and real estate, food and beverage, municipalities, sports and entertainment, retail, and healthcare, that result in exceptional customer, resident, and tenant experiences. Icon was founded in 1947 and is based in New York City.

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