Hartford-based Propark Mobility acquires valet parking company, expanding Midwest operations
Steve Laschever
David Schmid, CEO of Propark.
Hartford-based Propark Mobility, a national provider of parking and mobility management services, has acquired VIP Valet, a valet parking company based in Cleveland, Ohio, the company announced Wednesday.
The acquisition is part of Propark’s ongoing expansion in key markets, including Boston, Washington, D.C., Houston and Los Angeles.
Terms of the deal were not disclosed.
Founded in 2009 by Max Niyazov, VIP Valet provides valet services for hotels, restaurants, private events and healthcare facilities in northeast Ohio. The company says it focuses on reliability, professionalism and guest satisfaction.
“VIP Valet has built an impressive legacy in Cleveland, delivering exceptional service with great care and attention to detail,” said David Schmid, CEO of Propark. “Their customer-first approach and commitment to client satisfaction are exactly what we value at Propark. We're excited to work together to raise service standards even further and support their longstanding relationships throughout the region.”
Propark operates more than 1,000 locations in over 140 cities nationwide, specializing in parking management, transportation, campus mobility and electrification services.
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