Propark Purchases LA Parking Company

Propark, Inc. ( announces that it has purchased Express Park in Los Angeles, California. Express Park’s portfolio of parking operations includes locations in Hollywood, Studio City, Santa Monica and Huntington Park.
Propark’s Chief Investment Officer David Schmid, “We are very excited to be growing our footprint in the Los Angeles parking services marketplace. This acquisition is part of Propark’s growth strategy to purchase small to medium sized parking companies in a variety of markets across the country. As part of this particular acquisition, we look forward to working with the clients, employees and customers and will bring Propark’s elevated service and innovation to the properties.”