Towne Park completed the acquisition of 100+ commercial parking locations nationwide.

Towne Park, a tech-enabled, multi-service parking and hospitality solutions provider, completed the acquisition of 100+ commercial parking locations nationwide. Financial terms were not disclosed. “The addition of these new facilities demonstrates our commitment to pursuing strategic acquisitions that allow us to build on our national presence and broaden our service offering, while simultaneously complementing our industry-leading, data-centric platform for innovative parking solutions. By expanding our commercial parking business, we are strengthening the ability to meet the various parking needs of our clients and customers and increasing our presence in the important Nashville market. We are excited to welcome new employees to Towne Park and are committed to providing a seamless transition and the same experience our clients and customers have come to expect,” Andrew Kerin, Towne Park CEO.