Premium Parking, a leader in digital parking industry, announced its acquisition of Buffalo-based Allpro Parking LLC.
The transaction consolidated two leaders in parking management, aligning Allpro’s operational expertise, strong leadership and community-minded service with Premium’s current portfolio and leading technology front.
“We’re impressed by Allpro’s incredible service-driven culture, led by the talented team’s dedication to their clients,” states Ben Montgomery, President, Premium Parking. “We share the same ethos, having spent the past two decades solving the underlying problems of legacy parking systems.”
The acquisition has expanded Premium’s presence across the Midwest and Northeast, creating one of the largest network of entrepreneur-led parking markets.
In total, Premium will integrate 130 Allpro locations across three states and twelve vibrant markets, including Buffalo, Cleveland, Columbus, Cincinnati, Rochester, Pittsburgh and Syracuse. This acquisition now brings Premium Parking a cumulative 60 various markets across 750+ locations with over 700 employees.
The Spartan Group LLC acted as a financial advisor to Allpro Parking in this transaction.