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Posts from August 2021

Propark Mobility & Tensile Investments Acquire Los Angeles Parking Management Portfolio

August 31, 2021

Propark Mobility & Tensile Investments Acquire Los Angeles Parking Management Portfolio

Hartford, Connecticut – Propark Mobility announced today that the company has acquired a Los Angeles parking management portfolio, in a transaction that finalized in July 2021. “Our growth strategy includes the strategic acquisition of small to mid-sized parking management companies whose owners are looking for ways to optimize their company’s value and exit their business,” said David Schmid, Propark Mobility’s Chief Investment Officer. “This established portfolio in the Greater Los Angeles marketplace represents a great deal of added value to… Continue reading →