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 Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Premier Parking Management Company, LLC | - | ||||||||
| Buyout | Completed | Premier Parking Management Company, LLC | - |
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