Elite Parking Services Of America, Inc.

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Elite Parking Services Of America, Inc. - overview

Established

2010

Location

Jacksonville, FL, US

Primary Industry

Transportation Services

About

Elite Parking Services of America provides comprehensive parking and transportation management solutions, utilizing advanced technology to optimize operations across various sectors, including healthcare, hospitality, and commercial real estate. Founded in 2010, Elite Parking Services of America is based in Jacksonville, US, focusing on parking and transportation management. The company was acquired by Signet on June 1, 2013, although financial terms were not disclosed. The current CEO is Dane Grey, continuing the firm's commitment to operational excellence.


Elite Parking Services of America specializes in comprehensive parking and transportation management solutions tailored to various sectors, including hospitals, airports, government municipalities, hotels, and commercial real estate. The company's core offerings include advanced technology integration, operational enhancements, and customized transportation solutions. Notable services include their proprietary eTRAC technology for real-time operation monitoring and the Elite Operating System (EOS) for achieving operational excellence. Through tailored service options and rigorous operational assessments, Elite aims to enhance revenue generation and streamline processes while improving the overall user experience across diverse geographical markets in the United States.


The revenue model of Elite Parking Services of America is based on fixed pricing structures and customizable service agreements, enabling scalability according to client needs. Transactions occur through B2B partnerships with organizations seeking to optimize their parking and transportation operations. Clients engage through contracts that may include integrated service packages of parking management, shuttle services, and valet operations, with pricing tailored to each client's size and requirements. The company’s patented solutions, such as eTRAC technology and EOS, drive long-term collaborations focused on operational efficiency and profitability.


Elite Parking Services of America plans to expand its offerings with new product launches in the coming years, utilizing recent funding to support these initiatives. The firm aims to enter new markets and geographic regions, specifically targeting major urban centers throughout the United States by 2025. Recent funding from the acquisition will be strategically allocated towards developing innovative solutions and enhancing service delivery capabilities.


Current Investors

Primary Industry

Transportation Services

Sub Industries

Facilities & Maintenance Services, Public Transit/Transportation, Web Applications

Website

www.eliteparkingofamerica.com

Verticals

Cloud Computing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Elite Parking Services Of America, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedElite Parking Services Of America, Inc.-

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