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Greenbriar Equity Group Announces Acquisition Of Towne Park

PRIVATEJul 05, 2023

Acquiring Company

Greenbriar Equity Group L.P

Acquired Company

Towne Park

Plymouth MeetingHospitalityHotel

Description

Greenbriar Equity Group, L.P. ("Greenbriar"), announced that funds managed by Greenbriar completed an acquisition of Towne Park ("Towne Park" or the "Company"), a leading parking and hospitality solutions provider, from TA Associates ("TA"). Financial terms of the private transaction were not disclosed.

Quick answer

Greenbriar Equity Group L.P is acquiring Towne Park, announced July 5, 2023.

How much did Greenbriar Equity Group L.P pay for Towne Park?
The deal value was not disclosed.
What does Greenbriar Equity Group L.P do?
Greenbriar is a middle market private equity firm with over 20 years of experience investing in market-leading services and manufacturing businesses.
Where are Greenbriar Equity Group L.P and Towne Park based?
Towne Park is based in Plymouth Meeting, Pennsylvania, United States.

Source: Fundz verified event record.

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Company Information

Company

Greenbriar Equity Group L.P

About

Greenbriar is a middle market private equity firm with over 20 years of experience investing in market-leading services and manufacturing businesses. With more than $10 billion in cumulative capital commitments, it targets businesses led by experienced management teams. The firm's expertise aids companies in achieving strong long-term growth prospects.

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Frequently asked

Who acquired Towne Park?

Towne Park was acquired by Greenbriar Equity Group L.P. The deal was reported on July 5, 2023. Greenbriar is a middle market private equity firm with over 20 years of experience investing in market-leading services and manufacturing businesses. Greenbriar Equity Group L.P is privately held.

When did Greenbriar Equity Group L.P acquire Towne Park?

Greenbriar Equity Group L.P's acquisition of Towne Park was reported on July 5, 2023. Greenbriar Equity Group, L.P. ("Greenbriar"), announced that funds managed by Greenbriar completed an acquisition of Towne Park ("Towne Park" or the "Company"), a leading parking and hospitality solutions provider, from TA Associates ("TA"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

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. It is privately held, operating in Hospitality, and is based in Plymouth Meeting.

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