Premier Parking Management Company, LLC

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Premier Parking Management Company, LLC - overview

Established

2001

Location

Nashville, TN, US

Primary Industry

Consumer Services

About

Premier Parking Management Company, LLC specializes in providing comprehensive parking management services designed to optimize parking operations for property owners and enhance the parking experience for drivers. Premier Parking Management Company, LLC was founded in 2001 and is headquartered in Nashville, US. The company focuses on parking management solutions for various clients and has executed two deals as of March 30, 2021. The current CEO is Alexander Israel, who has a background in founding other ventures related to parking and technology.


Premier Parking Management Company, LLC offers advanced parking management solutions that enhance operational efficiency for real estate owners and improve the parking experience for drivers. Their services include streamlined payment options and technology integrations that facilitate effective management of parking facilities across major cities in the US, including Los Angeles, New York City, Dallas, and Miami. The revenue model of Premier Parking Management Company, LLC incorporates technology-driven services and operational partnerships with property owners. Their income is derived from fees associated with parking management services and subscriptions for technology utilization, although specific pricing details are not publicly disclosed.


Following the acquisition of Premier Parking Management Company, LLC by Metropolis Technologies, Inc. in March 2022, the company aims to significantly expand its service reach. The integration with Metropolis will enable Premier Parking to enhance its offerings and enter new metropolitan markets. The financial terms of the acquisition were not disclosed, but it is expected to support their growth strategy by optimizing operational capabilities and extending service availability.


Primary Industry

Consumer Services

Sub Industries

Consulting Services, Consumer Services

Website

www.premierparking.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Premier Parking Management Company, LLC - 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)
Trade SaleCompletedPremier Parking Management Company, LLC-
BuyoutCompletedPremier Parking Management Company, LLC-

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