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The Resilience and Innovation of the Parking Industry

July 7, 2022

The Resilience and Innovation of the Parking Industry

Originally published by Parking & Mobility on 7/6/2022   From the rise of mobility, to the ever-growing electric vehicle (EV) movement, the parking industry has welcomed change and continuously used creativity to fuel new ideas and provide better services for customers and clients. The industry’s collective sense of innovation was never more important than during the COVID-19 pandemic. Delivering challenges in rapid succession, 2020 ushered in a new era of technological enhancements and revamped parking solutions across the country. Though… Continue reading →

Navigating M&As Amid Murky Markets

July 7, 2022

Navigating M&As Amid Murky Markets

Originally published by International Business Times on 6/22/22   Amid an apparent cat-and-mouse game between red-hot inflation and leaping interest rates, concerns about maintaining a healthy bottom line are on the minds of many business leaders. A consequence of facing uncertainty, some key corporate endeavors are sometimes shelved for less turbulent times. But if your business is on the verge of a significant acquisition or buyout that cannot or should not be delayed for circumstance, there are fundamental lessons to… Continue reading →

Joshua Crain Appointed as Vice President of Technology for Propark Mobility

June 24, 2022

Joshua Crain Appointed as Vice President of Technology for Propark Mobility

Hartford, Connecticut – Propark Mobility announced today that Joshua Crain has been promoted to the company’s Vice President of Technology. “Josh Crain has been a key leader in transforming Propark Mobility from a national parking services leader to a leading mobility and technology company,” said David Schmid, Propark Mobility’s Chief Investment Officer. “From proprietary software development to our Cloudpark suite of technology services, Josh has been instrumental in each of our tech-centric processes as we continue to chart new pathways… Continue reading →

Attracting and Retaining Top Talent in Challenging Times

June 22, 2022

Attracting and Retaining Top Talent in Challenging Times

Originally published by the International Business Times on 6/02/22.   The “Great Resignation” has prompted many companies to take a closer look at their policies and practices, weighing whether change is needed to ensure team members are fulfilled and productive. What worked in the past may not work anymore because the pandemic altered the societal landscape and shifted the needs of employees. As a result, it’s more important than ever to remain flexible and open-minded when it comes to company… Continue reading →

Propark Mobility Promotes Kyle Hunter to Vice President, Corporate Analytics

June 9, 2022

Propark Mobility Promotes Kyle Hunter to Vice President, Corporate Analytics

Hartford, Connecticut – Propark Mobility announced today that the company has appointed Kyle Hunter as Vice President, Corporate Analytics. “Kyle Hunter continues to drive significant growth through smart decision-making based on his innate ability to accurately forecast and generate revenue,” said Rick DiPietro, Propark Mobility’s President. “A career that began in our Leadership Development Program has evolved into one of Propark’s most impressive organic ascents to the top of our organization, and I am looking forward to the new heights… Continue reading →

Curiosity Drives Innovation

May 4, 2022

Curiosity Drives Innovation

This article first appeared in the May 2022 issue of Parking Today magazine.   Curiosity is the root of innovation. Throughout the parking industry, we know this to be true. For Propark Mobility, curiosity began with CEO John Schmid. Now, the entire company is on a journey to learn, grow, and innovate. Our curiosity set Propark on its current path, established our four main pillars – people, sustainability, technology, and data – and inspired us to pursue cutting-edge innovation that… Continue reading →

Propark Mobility Grows Boston Asset Management Portfolio by Acquiring Pilgrim Parking

March 2, 2022

Propark Mobility Grows Boston Asset Management Portfolio by Acquiring Pilgrim Parking

Boston, Massachusetts – Propark Mobility announced today that the company has purchased Boston-based Pilgrim Parking, significantly enhancing its footprint in the region. “Pilgrim Parking is a celebrated and well-known Boston institution,” said David Schmid, Propark’s Chief Investment Officer. “The acquisition of this longstanding brand is a dramatic statement of growth for Propark in this marketplace, which is one that we have wanted to expand in for many years.” For 57 years, Pilgrim Parking has been providing services to a variety… Continue reading →

Propark Mobility Becomes First U.S. Partner of HERE Technologies

February 22, 2022

Propark Mobility Becomes First U.S. Partner of HERE Technologies

Propark Mobility has announced its partnership with HERE Technologies, a multinational location data platform. As HERE’s first U.S. partner, Propark will work with the company’s Indoor Map Division to map parking garages and enhance end-to-end navigation services for Propark customers. “We’re thrilled to be the first U.S. company to join forces with HERE Technologies,” said John Schmid, Propark CEO and Chairman. “At Propark, we strive to provide the perfect parking moment. With the addition of indoor mapping, we’ll be doing… Continue reading →

Propark Mobility Extends Texas Presence with Acquisition of Houston-Based Sovereign Services

January 13, 2022

Propark Mobility Extends Texas Presence with Acquisition of Houston-Based Sovereign Services

Houston, Texas – Propark Mobility announced today that the company acquired Sovereign Services, a parking management provider in Houston, Texas. “Sovereign Services is a phenomenal five-star parking management company. They have led the parking industry in Houston with a guest-first approach that strongly aligns with Propark’s own values. We’re thrilled to welcome them to Propark Mobility and collaborate with their team in Texas,” said David Schmid, Propark’s Chief Investment Officer. For over 30 years, Sovereign Services has provided premier parking… Continue reading →

Propark Mobility Announces Appointment of Sean Lampert to Senior Vice President of Operations

December 22, 2021

Propark Mobility Announces Appointment of Sean Lampert to Senior Vice President of Operations

Boston, Mass. – Propark Mobility announced today that the company has promoted Sean Lampert to Senior Vice President of Operations in the company’s Boston region. “Sean has been an invaluable member of the Propark team for over a decade. He's a hands-on leader, whose work has been integral to our growth in Boston. This promotion marks the start of an exciting new chapter for him, and we look forward to the company’s future with him leading our strategic plan in… Continue reading →