LAZ Parking completed the acquisition of a majority stake in FleetLogix.

Synopsis

LAZ Parking, a parking operator, completed the acquisition of a majority stake in FleetLogix, a provider of fleet management and staffing services. Financial terms were not disclosed. "We are thrilled to be partnering with FleetLogix and to be merging the world-class capabilities of our two companies," Alan Lazowski, LAZ Parking Chairman and CEO.

Principals

target

FLEETLOGIX

bidder

Laz Parking

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Market Context

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Seller Team (1)

adam kimball

CEO at FLEETLOGIX

Manager

target

Deal

n/a

Total Value

Bidder Team (3)

jeff karp

President and Founder at LAZ PARKING

Manager

bidder

Deal

n/a

Total Value

alan lazowski

Chairman and CEO at LAZ PARKING

Manager

bidder

Deal

n/a

Total Value

jason zibarras

Founding Partner at ARGO INFRASTRUCTURE PARTNERS

Investor

bidder

Deals

£ 638 M

Total Value

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