RALEIGH, N.C., September 19, 2017 – McLaurin Parking, LLC, a family-owned parking services company serving North Carolina for 70 years, has been acquired by The Car Park, LLC of Boise, Idaho. Terms of the transaction were not disclosed.
The Car Park intends to maintain the McLaurin Parking local management and legacy of customer service.
“When the time came for us to pass our family’s company to new leadership, we were glad to find a company that shares our values of professionalism and service,” said Kristy McLaurin Dixon, the President of McLaurin Parking. “Our company and its customers are in good hands.”
The Car Park, LLC is a privately held parking services company founded in 2003 by CEO Jeff Wolfe, a 30-year veteran of the parking industry.
With the acquisition of McLaurin Parking, The Car Park provides parking management, transportation, event logistics and remote monitoring services in 10 states and serves the municipal, commercial, event, healthcare, retail, airport, university and hospitality markets.
“Our focus at The Car Park has always been on service and innovation,” said Jeff Wolfe. “We’re excited to build on the solid foundation established by the McLaurin family and take the company forward into the future.”
The Spartan Group acted as exclusive financial advisor to McLaurin Parking.