Seven One Seven Parking Enterprises Expands Portfolio with Acquisitions of Parking Locations in Nashville, Tennessee
Major Expansion Strengthens Seven One Seven Parking Enterprises’ Market
Leadership, with a Significant Focus on Nashville
Tampa, FL – August 22, 2024 – Seven One Seven Parking Enterprises, one of the largest privately held and leading providers of innovative parking, mobility, and hospitality services nationwide, is proud to announce the acquisition of a significant portfolio of commercial parking management and hospitality locations in Nashville, Tennessee. This strategic acquisition expands the Company’s nationwide operational footprint, solidifying its leadership in the Nashville market and enhancing its ability to deliver top-tier commercial and hospitality parking services. The Seven One Seven Parking Enterprises’ acquisition team was led by Jason Accardi, Founder and CEO and Matt Gonzalez, Director of Development and Strategic Planning, along with other key executive team members and the financial terms of the deal remain confidential.
With 34 years of excellence in the industry, Seven One Seven Parking Enterprises has grown from its modest beginnings in 1990—when it was founded by Jason & John Accardi and Spencer Ford—into a dominant force in the parking sector. What began as a way to cover college expenses has evolved into a dynamic enterprise recognized for its unwavering commitment to exceptional service and innovative technology. The Company’s success is deeply rooted in a culture of accountability, precision, and a relentless focus on providing superior guest experiences, making it a preferred choice in the parking industry. Seven One Seven’s boutique service model ensures personalized attention and tailored solutions across all facets of the business, including enhanced parking solutions, state-of-the-art technology, and a robust human capital platform. The Company’s comprehensive offerings encompass parking management, valet, concierge, and multi facet technology and mobility services nationwide.
“For 34 years, we have been committed to delivering excellence in parking, mobility, and hospitality services, and this acquisition further enhances our ability to provide cutting-edge solutions that cater to the diverse needs of our clients and customers,” said Jason Accardi. “We are particularly excited to establish our presence in Nashville and eagerly anticipate welcoming our new team members to the Seven One Seven family. Our priority is to ensure a seamless transition while maintaining the high standards of service our clients have come to expect.”
This expansion aligns seamlessly with Seven One Seven Parking Enterprises’ ambitious growth strategy, increasing the Company’s total number of locations to over 350 nationwide and adding more than 10,000 parking spaces to its portfolio. This growth not only strengthens their presence in key markets such as Florida, Virginia, and Texas but also reinforces their commitment to broadening their national footprint and enhancing their service offerings in Nashville.
“We have always envisioned the opportunity to enter the Nashville parking market, a city renowned for its dynamic growth and cultural appeal. With an established growth strategy in place, we are committed to enhancing the parking experience for residents and tourists alike, while supporting Nashville’s continued development as a bustling hub of activity,” said Matt Gonzalez.
About Seven One Seven Parking Enterprises
Since its inception in 1990, Seven One Seven Parking Enterprises has established itself as a leader in valet parking, parking management, mobility, and transportation services. Supported by over 4,000 employees and known for its unique approach to hospitality and service excellence, the Company is dedicated to meeting and exceeding the expectations of its clients across the United States. Whether handling commercial parking facilities, front door operations, concierge services, technology integration, or ground transportation, Seven One Seven aims to create an exceptional and lasting first impression. For more information, visit https://717parking.com.