Acquiring Company
Towne Park
Acquired Company
Unified Parking Partners
Plymouth MeetingPortlandHospitalityHotelOtherDescription
Towne Park, a leading tech-enabled parking and hospitality solutions provider, has acquired a majority stake in Unified Parking Partners (UPP), a full-service parking management company headquartered in Portland, ME. Daniel McNutt, UPP Founder and CEO, will continue to lead UPP. This strategic acquisition expands Towne Park’s commercial parking portfolio, strengthens its industry position, and enhances its ability to deliver exceptional service and asset value creation for its clients.
Quick answer
Towne Park is acquiring Unified Parking Partners, announced August 5, 2024. Towne Park is based in Plymouth Meeting, Pennsylvania, United States.
- How much did Towne Park pay for Unified Parking Partners?
- The deal value was not disclosed.
- What does Towne Park do?
- Towne Park is the leading tech-enabled, arrival through departure solutions provider serving premier hotels, healthcare institutions, residential properties, and commercial parking facilities nationwide.
- Where are Towne Park and Unified Parking Partners based?
- Towne Park is based in Plymouth Meeting, Pennsylvania, United States. Unified Parking Partners is based in Portland, Maine, United States.
- Who are the decision-makers at Towne Park?
- Fundz holds 1 contact at Towne Park. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Unified Parking Partners?
Unified Parking Partners was acquired by Towne Park, based in Plymouth Meeting. The deal was reported on August 5, 2024. Towne Park is the leading tech-enabled, arrival through departure solutions provider serving premier hotels, healthcare institutions, residential properties, and commercial parking facilities nationwide. Towne Park is privately held and operates in Hospitality.
When did Towne Park acquire Unified Parking Partners?
Towne Park's acquisition of Unified Parking Partners was reported on August 5, 2024. Towne Park, a leading tech-enabled parking and hospitality solutions provider, has acquired a majority stake in Unified Parking Partners (UPP), a full-service parking management company headquartered in Portland, ME. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Unified Parking Partners do?
Unified Parking Partners is a full-service parking management company with expertise in all aspects of parking. Founded in 2012, UPP is active in nine states along the Eastern Seaboard with over 280 locations and 500+ employees. It is privately held, operating in Other, and is based in Portland.
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