Ontario Teachers-backed Impark buys Republic Parking
Imperial Parking Corp (Impark), a portfolio company of Ontario Teachers’ Pension Plan, has acquired Republic Parking System, a parking management company based in Chattanooga, Tennessee, as well as the affiliated Republic Parking Northwest, which is based in Seattle, Washington. No financial terms were released. Vancouver-based Impark said the acquisition significantly expands its footprint in the United States. The number of North American parking locations operated by the company now totals about 3,400. Impark was acquired by Ontario Teachers in 2011.
11 April 2016•2 mins read
