Ontario Teachers-backed Impark buys assets of San Francisco Parking
Imperial Parking Corp (Impark), a portfolio company of the Ontario Teachers’ Pension Plan, has purchased the assets of San Francisco Parking Inc, a parking management business based in San Francisco. No financial terms were released. Impark, which bought Pacific Parking Management last year, said the latest acquisition makes it the largest parking operator in the San Francisco Bay Area. Vancouver-based Impark, a manager of 2,600 locations across North America, was acquired by Ontario Teachers in 2011 from an investor group that included U.S. private equity firm Gates Group Capital Partners.
1 October 2015•2 mins read
