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Stonepeak acquires Chicago Parking Meters

RECENTLY ACQUIREDOct 21, 2026

Acquiring Company

Stonepeak

Acquired Company

Chicago Parking Meters

Chicago

Description

Stonepeak has completed the acquisition of Chicago Parking Meters, LLC. This transaction was finalized following the receipt of all necessary regulatory approvals.

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Company Information

Company

Stonepeak

About

Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $37 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, and to have a positive impact on the communities in which it operates. Stonepeak sponsors investment vehicles focused on private equity and credit. The firm provides capital, operational support, and committed partnership to sustainably grow investments in its target sectors, which include communications, energy transition, power and renewable energy, transport and logistics, and water. Stonepeak is headquartered in New York with offices in Houston, Austin and Hong Kong. For more information, please visit https://stonepeakpartners.com/.

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Frequently asked

Who acquired Chicago Parking Meters?

Chicago Parking Meters was acquired by Stonepeak. The deal was reported on October 21, 2026. Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $37 billion of assets under management. Stonepeak is privately held.

When did Stonepeak acquire Chicago Parking Meters?

Stonepeak's acquisition of Chicago Parking Meters was reported on October 21, 2026. Stonepeak has completed the acquisition of Chicago Parking Meters, LLC. This transaction was finalized following the receipt of all necessary regulatory approvals. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Chicago Parking Meters do?

Chicago Parking Meters LLC is the current owner of the city’s parking meter system. The firm was involved in a controversial privatization deal in 2008 that has faced criticism over the years. It is privately held, and is based in Chicago.

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