Tag Archives for: LAZ Parking

LAZ Parking and Skyports Announce Partnership to Develop Air Taxi Vertiports in Los Angeles

November 17, 2021

 

LAZ Parking and Skyports Announce Partnership to Develop Air Taxi Vertiports in Los Angeles

 

 

Los Angeles, CA., November, 2021 – Skyports, the world’s leading vertiport designer, builder and operator, and LAZ Parking, one of the largest parking companies in the United States, announced a partnership agreement today to develop and deploy vertiports for electric air taxis in Los Angeles. Vertiports are dedicated sites that enable take-off, landing and recharging of electric aircraft. Through the partnership, Skyports and LAZ will develop vertiports supporting passenger air taxi operations at locations across the region.

LAZ is actively deploying new technologies that will transform traditional parking locations into multi-modal transportation hubs, connecting people to places more efficiently and sustainably. Skyports is leading the way in advanced air mobility infrastructure and will integrate its operational know-how, design expertise, and partnerships with world-class vehicle manufacturers and operators to build a network of vertiports across Los Angeles.

The vertiports will enable quiet, efficient, zero-carbon emission air taxi passenger services that provide a new, green and clean transportation alternative to residents and visitors. Working closely with regulatory bodies and in consultation with local stakeholders, Skyports adheres to design and operational principles that prioritize safety, connectivity and accessibility, and reflect the needs of the communities it serves.

“We’re excited to be working with LAZ Parking to deploy take-off and landing sites for electric air taxis, first in Los Angeles, followed by the rest of the U.S., said Addison Ferrell, Head of Americas for Skyports. “Our partnership with LAZ enables us to leverage their extensive portfolio of facilities for vertiport development, creating value for LAZ customers, partners, and communities. LAZ is an ideal partner for Skyports because it has operated in the area for many years, and with that comes strong partnerships and a deep understanding of the mobility landscape.”

LAZ is a recognized pioneer in the parking industry for the integration of technology into parking operations and for a range of innovative IT solutions, such as remote monitoring, eCommerce services, and Proximity On-Demand Services, or PODS.

“This partnership with Skyports is both an acknowledgement of LAZ’s leadership in the area of technology and a recognition of our excellence in both traditional and tech-enabled parking and last-mile mobility solutions,” said Alan Lazowski, Chairman and CEO of LAZ Parking. “We are honored and excited to be partnering on the implementation of this cutting edge service with Skyports, a company as committed to innovation, sustainability, and customer service as we are at LAZ.”

Perch Mobility Announces Nationwide Micromobility Charging Partnership With LAZ Parking

September 24, 2021

 

Perch Mobility Announces Nationwide Micromobility Charging Partnership With LAZ Parking

 

 

 

Pre-Registration Of Perch Community Charging Portals Now Open To Lime Logistics Partners And Bird Fleet Managers Looking To Maximize Profits

 

 

 

LOS ANGELES  — Perch Mobility, the premier provider of portable charging pods that fuel the micromobility industry, announced the launch of a nationwide partnership with LAZ Parking, one of the fastest-growing parking and mobility companies in the United States. Perch will deploy its Community Charging Portals in LAZ locations at the request of local logistics partners who charge vehicles for Bird, Lime and other operators; and fleet managers so that they can charge collected scooters in centrally located micromobility hubs through this partnership.

The multimillion-dollar micromobility industry has made waves in cities worldwide. With low unit economics, everyone from electric scooter operators to gig-economy logistics partners are looking for new methods to improve margins. Perch’s on-demand Community Charging Portals are now available to reserve for a monthly fee of $699. To reserve a Perch Community Charging Portal at a LAZ location, visit https://www.perchmobility.com/chargers.

“Electric scooters are a viable form of transportation – with one pitfall: the inefficiency of the current model to charge and release them back for public use,” said Perch Mobility CEO and Co-Founder Tom Schreiber. “Our Perch Community Portals are the key to overcome this efficiency barrier. LAZ’s national network of surface parking lots in high traffic micromobility markets is unparalleled.  Through our LAZ partnership, we will deploy a network of scooter charging centers to allow the nation’s scooter operators, community business owners, property managers, and professional chargers looking to maximize the potential of their ‘juicing’ activity.”

Perch Mobility owns and operates a network of proprietary micromobility charging centers (“Portals”), which it leases to professional chargers, scooter operators, and business owners, who use the company’s Community Charging Portals to bulk-charge scooters and maximize profit potential. The company is accelerating and operationalizing its plans to build an optimized micromobility charging ecosystem to keep up with the growing demand for shared micromobility transportation in a growing number of cities.

Each 20-foot Perch Community Charging Portal is a customized recycled shipping container modified to deliver up to 250kWh per day.  Typical use runs twice the average US household’s power consumption. Each Perch Community Charging Portal has four bays (Pods), which each has the capacity to charge 21 scooters, with a total unit capacity of 84 scooters at a time.  Each Portal can support about 300 deployed scooters in a community.

“At LAZ, we see the intersection of transportation, electrification, and last mile logistics converging at the parking lot,” said Alan Lazowski, Chairman and CEO of LAZ Parking. “Partnering with Perch Mobility presents an incredible opportunity to support an eco-friendlier way of mobility and to help maximize the profits of individuals quite literally paving the success of electric scooter travel. We are enthusiastic about this partnership and our future endeavors together.”

In addition to the Perch Community Charging Portal, Perch manufactures an Enterprise Portal, that is capable of charging 105 scooters simultaneously.

About Perch Mobility Inc.
Perch Mobility provides large-scale charging logistics solutions to scooter operators, local municipalities, and the rapidly growing electric scooter charging community. Founded in Los Angeles in 2018, Perch’s suite of portable, rentable charging pods, made from repurposed shipping containers, enables the electric scooter charging community to maximize earnings while supporting the adoption of the eco-friendly micromobility industry. For more information, visit https://www.perchmobility.com/.

About LAZ Parking 
LAZ Parking is the largest and fastest-growing privately owned parking operator in the United States and a pioneer in digital parking technology. Founded in Hartford, CT, in 1981, with four decades of experience providing best-in-class parking management and transportation services, LAZ operates over 1.2 million parking spaces across the country in over 3,200 locations in 35 states and 444 cities.  Over the past decade, LAZ has led the industry with business intelligence, remote monitoring, eCommerce solutions, and most recently launched its Proximity On-Demand Services – “LAZ PODS”.  Leveraging our national real estate parking network through connected tech enabled solutions, LAZ PODS includes EV charging, micro warehousing, last mile logistics, and ghost kitchens. LAZ works across various industries, including hospitality, commercial, healthcare, airports, transportation, universities, government, retail, events, residentials, and shuttle services. LAZ is a people first, conscious capitalist company that believes in elevating humanity through business. Additional information can be found at www.lazparking.com.

LAZ Parking Announces National Job Fair On September 15th In 20 Cities With 3,500 Open Positions

September 13, 2021

 

 

LAZ Parking Announces National Job Fair On September 15th In 20 Cities With 3,500 Open Positions

 

 

 

LAZ Parking is excited to announce they will be having a national job fair across 20 cities over 15 states with 3,500 job opportunities scheduled for September 15, 2021. Founder and CEO Alan Lazowski says, “LAZ is grateful to people across the country that are interested in learning about LAZ Parking and contributing to our amazing team. We also want to thank all the job fair hosts across the country for their hard work and dedication.”

Head of People & Culture at LAZ Parking, Eric Daigle, adds, “Every day that new people join our work family, we are living the first part of our mission to create opportunities for employees. This national job fair is terrific for people who are looking to find a new position with a great company. We can’t wait to welcome hundreds of new LAZ Parking employees across the United States on September 15th.”

LAZ Parking is the largest and fastest-growing privately owned parking operator in the United States and a pioneer in digital parking technology. Founded in Hartford, CT, in 1981, with four decades of experience providing best-in-class parking management and transportation services, LAZ operates over 1.2 million parking spaces across the country in over 3,200 locations in 35 states and 444 cities.  Over the past decade, LAZ has led the industry with business intelligence, remote monitoring, eCommerce solutions, and most recently launched its Proximity On-Demand Services – “LAZ PODS”. Leveraging their national real estate parking network through connected tech enabled solutions, LAZ PODS includes EV charging, micro warehousing, last mile logistics, and ghost kitchens. LAZ works across various industries, including hospitality, commercial, healthcare, airports, transportation, universities, government, retail, events, residentials, and shuttle services. LAZ is a people first, conscious capitalist company that believes in elevating humanity through business. Additional information can be found at www.lazparking.com.

Below is a list of the states and cities that will be hosting a job fair. Visit this link to learn more info on the job fair in your city: https://interviewdays.indeed.com/hd/e2c91dbc-38c2-4057-abbe-15918c0d5ff1.

California San Diego, Costa Mesa, Santa Monica, West Hollywood

Colorado Denver

Connecticut Hartford

District of Columbia Washington, DC

Georgia Atlanta

Maryland Baltimore

Massachusetts Boston

Minnesota Minneapolis

New Hampshire Portsmouth

New York New York City

North Carolina Asheville, Charlotte

Ohio Cleveland, Cincinnati

Pennsylvania Philadelphia

Tennessee Nashville

Texas Dallas

http://www.lazparking.com

LAZ Parking Awarded a Three Year Contract by the City of Aurora, CO 

August 23, 2021

 

LAZ Parking Awarded a Three Year Contract by the City of Aurora, CO

 

 

 

LAZ Parking has been awarded a three-year contract by the City of Aurora (Colorado) to professionally manage all aspects the municipal parking operation, known as Park Aurora.

Under the direction of the city’s Parking & Mobility Services Manager, Scott C. Bauman, CAPP, LAZ Parking will provide comprehensive parking management services to operate and maintain the on-street enforcement program, the city-owned off-street parking facilities, permit and pay station operations, and all customer service needs. LAZ Parking operations begin/began September 1st.

www.lazparking.com

City of Inglewood and LAZ Parking Promote Remote Parking and Shuttle Program to Serve Fans for First Full Attendance NFL Season at Inglewood’s SoFi Stadium

August 06, 2021

City of Inglewood and LAZ Parking Promote Remote Parking and Shuttle Program to Serve Fans for First Full Attendance NFL Season at Inglewood’s SoFi Stadium

 

 

 

INGLEWOOD, CA — Following a spectator-less debut NFL season caused by the COVID-19 pandemic, Inglewood’s SoFi Stadium is kicking off its first full-attendance NFL season on August 14th with an exciting hometown rival pre-season game that will see the Los Angeles Rams play the Los Angeles Chargers. In recent weeks, the City of Inglewood announced several transportation options to SoFi Stadium for NFL games—including its partnership with LAZ Parking on the launch of the City’s IPark&Go remote parking and shuttle program. This new initiative will help to promote a more positive experience both for local residents and for event attendees traveling to SoFi Stadium. Because traditional onsite parking options at SoFi Stadium will be limited for NFL games and other large events, the expansion of alternative, high occupancy transportation solutions are intended to provide greener, convenient, and affordable travel options and create a unique event experience in the Los Angeles County area.

IPARK&GO Map

IPARK&GO Map

IPark&Go: Remote Parking and Shuttle Services
The IPark&Go remote parking and shuttle service offers additional parking solutions for those attending NFL pre-season and regular season games. The service will also be available for select major concerts and other events at SoFi Stadium and Hollywood Park.

The IPark&Go service provides multiple off-site parking locations collectively offering over 4,000 additional parking spaces in the City of Inglewood and convenient surrounding areas. This parking alternative will allow attendees to streamline their parking experience with a convenient, affordable and safe parking option that allows ticket holders to find, reserve, and pay for parking spaces and shuttle service in advance of their event.

After arriving at their parking destination and parking their vehicles, fans and event attendees board a shuttle bus that will take them to the City of Inglewood’sIntermodal Transit Facility, conveniently located next to SoFi Stadium, and back, typically within 30 minutes or less each way.

To use IPark&Go, guests can follow these simple steps:

  1. Visit iPARKANDGO.com to purchase offsite parking and shuttle transport in advance. Parking and shuttle transport can also be booked using the LAZgo mobile app.
  2. Guests should have a parking permit and shuttle passes (printed or on smartphone) ready to be displayed when they reach the offsite lot.
  3. Fans and event attendees using IPark&Go will be dropped off and picked up at the City of Inglewood’s Intermodal Transit Facility, conveniently located within Hollywood Park, steps away from SoFi Stadium.

Note that the exact availability of locations and parking spaces may vary based on the event, and additional parking partners and locations may be added to the IPark&Go program over time. Please check iPARKANDGO.com or the LAZgo mobile app for the most current information on parking availability and pricing.

IPark&Go is available for NFL pre-season and regular season games, starting on August 14, 2021, and is anticipated to be available to guests attending events at SoFi Stadium and the Hollywood Park for events with more than 40,000 attendees.

“LAZ Parking is proud to partner with the City of Inglewood and the Los Angeles Sports and Entertainment District and humbled by the trust they have put in us to provide parking solutions to their valued customers,” said LAZ Parking Chairman & CEO Alan Lazowski. “At LAZ, our focus is, and always has been, on providing the best possible customer experience. This partnership is an acknowledgment of our company’s commitment to that goal and the dedication and hard work of our team.”

About LAZ Parking
LAZ Parking, founded in Hartford, CT in 1981, is one of the largest and fastest-growing parking and mobility companies in the United States, operating over 1.2 million parking spaces across the country in over 3,155 locations in 36 states and 410 cities. With over 38 years of experience providing parking management, transportation and mobility services, LAZ works seamlessly across a variety of market segments, including hospitality and valet, office buildings, medical, airport and transportation, campus, government and municipal, retail, events, residential building and shuttle services.

Contact:
Adam Karp, 310-446-7925

Summer 2021: Advanced Technologies and Predictive Analytics from LAZ Parking Reduce Traffic Tie-Ups at Busy Rhode Island State Beaches

June 29, 2021

 

 

 

 

Summer 2021: Advanced Technologies and Predictive Analytics from LAZ Parking Reduce Traffic Tie-Ups at Busy Rhode Island State Beaches

 

 

 

Express lanes for residents and visitors who purchase parking passes before they head to the beach

will park faster and start having fun sooner

 

 

Providence, R.I. —The Rhode Island Department of Environmental Management (DEM), which operates eight saltwater beaches and associated parking facilities, has once again partnered with LAZ Parking to modernize, digitize, and streamline parking for more than one million annual beachgoers this year. Rhode Island has implemented a customized technology platform built upon LAZ’s e-commerce, business intelligence, and customer care solutions.

 

The technology allows residents and out-of-state visitors to purchase season parking passes and daily flex passes at https://beachparkingri.com. With a Daily Flex Pass, beachgoers are automatically charged the daily parking rate when their vehicle enters one of the state beach parking lots. The flex parking pass is a great option if a beachgoer is unsure how many times they may visit the beach but would like the opportunity to use the express lanes.

 

Both passes use state-of-the art license plate recognition technology for validation and allow passholders to access express lanes for faster entry. The technology was in limited use in 2020 before being suspended due to travel restrictions and capacity limits associated with COVID-19.

 

Improvements include allowing customers to buy both day and season online passes in advance, express lanes using license plate recognition technology for prepaid customers at some locations, capability to provide real-time parking lot capacity data that DEM can use to communicate alerts when lots are at or near capacity, and capability to capture visitation and revenue numbers in real time to ensure that the right fees are being charged and collected for every transaction. Initial data showed that purchasing a season or flex pass online and using an express lane significantly reduced the time to park.

 

 

To help reduce the amount of time beachgoers spend at the entry booths, DEM encourages Rhode Islanders to buy season and daily flex parking passes online or in advance. Anyone who buys a season parking pass or a daily flex parking pass online or before heading to the beach may use the express lanes for quick beach entry. Purchasing season or daily flex parking passes online also helps DEM keep express lanes open, as there have been past instances when the express lanes could not be used because too many people were paying for parking at the entry gates rather using pre-paid parking passes.

 

“Per-vehicle transaction times at beach entrance booths for sales of seasonal beach passes previously took up to three minutes a car,” Gray said. “If you multiply that by the thousands of cars we welcome on busy summer weekends, the time really adds up and means worse traffic backups and delays for everyone. This technology will be even more critical in 2021, as the state expects record crowds this year.”

 

Predictive Analytics Makes Parking Smarter & Safer

 

In addition to the digital payment solutions provided by the LAZ technology (i.e., online passes, credit card payment onsite), the LAZ Business Intelligence solution allows DEM’s Division of Parks and Recreation to collect, organize, and analyze data to improve the parking process.

 

This technology was critical in 2020 during the pandemic because of frequent changes to capacity limits, new federal and state regulations, and heightened safety concerns by consumers. With the new technology stack in place, DEM could easily provide accurate data to demonstrate compliance with all COVID restrictions and guidelines.

 

Dynamic data visualization eliminates guesswork by integrating multiple data sets (e.g., real-time lot capacity, historical parking data, current weather, seasonality, tide charts, etc.) to predict and manage potential over-crowding. This information can be used to increase/decrease the number of spots that are available, communicate alerts when lots are at or near capacity, and manage staffing decisions.

 

“The Rhode Island team is a great partner for us because we are both always looking to take our data analysis to the next step,” said Patrick Ryan, Vice President, Innovation, LAZ Parking. “Our proprietary forecasting and predictive analytics tools allow us to make sound business decisions based on hard data and the LAZ team’s decades of operating experience and expertise.”

 

LAZ Parking is one of the largest parking companies in the world. The company is an industry leader in client-facing technologies that are reinventing the parking industry. In addition to access, e-commerce, and business intelligence, LAZ is a pioneer in the areas of touchless parking, text-to-park, cellular payments, and tools for the connected car.

 

“LAZ has worked closely with DEM’s Division of Parks and Recreation and been a great partner in enhancing services to benefit our customers,” said DEM’s Gray. “They work fast, their technology is scalable, and as they showed during the pandemic, they are focused on our needs and willing to work with us during a changing environment.”

 

LAZ is also a developing player in the “proximity on-demand” services sector. LAZ is developing a proprietary platform of adjacent products and services that allows parking lot owners and landlords to enhance customer loyalty and unlock new revenue streams by delivering high-value, real-time services to customers. Examples of these services include electric vehicle charging stations, kitchen pods, urban farming, micro warehouses, and same-day delivery.

 

About LAZ Parking

 

LAZ Parking, founded in Hartford, CT, in 1981, is one of the largest and fastest-growing parking companies in the United States, operating over 1.3 million parking spaces across the country in over 3,100 locations in 35 states and 439 cities. LAZ provides parking management, transportation, and mobility services across a variety of market segments, including hospitality and valet, office buildings, medical, airport and transportation, campus, government and municipal, retail, events, residential buildings, and shuttle services. Its suite of advanced technology improves customer experience while maximizing profitability. LAZ is an emerging leader in the “proximity on-demand” services sector, developing a proprietary platform of adjacent products and services that allows parking lot owners and landlords to enhance customer loyalty and unlock new revenue streams by delivering high-value, real-time services to customers like electric vehicle charging stations, kitchen pods, urban farming, micro warehouses, and same-day delivery. Additional information can be found at www.lazparking.com.

 

 

LAZ Parking Adds Three More Garages To Its City of Syracuse Portfolio, Bringing Total to Five

May 27, 2021

 

 

 

LAZ Parking Adds Three More Garages To Its City of Syracuse Portfolio,

Bringing Total to Five 

 

Expanded contract makes LAZ sole operator of city’s municipal parking garages

 

Hartford, CT, May 26, 2021 – LAZ Parking announced today that it has been selected by the City of Syracuse, NY, to be the sole operator of its municipal parking garages. The addition of three municipal garages brings the total number being managed and operated by LAZ for the City of Syracuse to five. LAZ has run the City’s Fayette Garage since 2009 and AXA Garage since 2014. Under the expanded contract, LAZ will also run the City’s Washington Street Garage, Center Armory Garage, and the Madison-Irving Garage.

 

“LAZ is thrilled to have been selected by the City of Syracuse to run all five municipal parking facilities,” said Alan Lazowski, Chairman and CEO of LAZ Parking. “It is an acknowledgment of the value and high level of service LAZ has delivered to the City and the trust that municipal leaders have in our ability to maintain that level of service in the future. This expansion of services will also allow us to grow our workforce and add jobs to the local economy, a crucial component of the nation’s recovery from the pandemic.”

 

Headquartered in Hartford, CT, LAZ is a privately owned parking company celebrating its 40th anniversary in business this year. As the second-largest, fastest-growing parking company in the country, LAZ has become a significant player in the New York Region’s parking industry. LAZ provides parking services and solutions across various market segments, including Hospitality, Healthcare, Residential, Retail, and Events. LAZ has made significant upgrades to municipal garages in Syracuse, including side terminals allowing for payment by credit card. Monthly parking customers are now able to pay by credit card through their accounts on Lazparking.com. Later this year, LAZ is planning upgrades to its Subscription Billing platform, which will allow monthly parkers to manage their accounts online and access flexible, automatic payment options.

 

“Consolidating parking operations with LAZ is a positive step for both the City and the people using these garages,” said Corey Driscoll Dunham, Chief Operating Officer of the City of Syracuse. “Partnering with LAZ will allow us to improve the user experience at these garages, including more convenient payment options at all five facilities.”

 

 

About LAZ Parking 

LAZ Parking, founded in Hartford, CT, in 1981, is one of the largest and fastest-growing parking companies in the United States, operating over 1.2 million parking spaces across the country in over 3,150 locations in 35 states and 442 cities. With four decades of experience providing parking management, transportation, and mobility services, LAZ works seamlessly across a variety of market segments, including hospitality and valet, office buildings, medical, airport and transportation, campus, government and municipal, retail, events, residential buildings, and shuttle services. Additional information can be found at www.lazparking.com.

 

 

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LAZ PARTNERS WITH APPLICO TO HELP LEAD THE DIGITAL TRANSFORMATION OF THE PARKING INDUSTRY

May 13, 2021

 

 

 

LAZ PARTNERS WITH APPLICO TO HELP LEAD THE DIGITAL TRANSFORMATION OF THE PARKING INDUSTRY

 

The collaboration will utilize business platform model to scale “Proximity on Demand’ services across 3,100 locations nationwide and the parking industry at large

 

 

Hartford, Conn., May 11, 2021 — LAZ Parking announced today that it has partnered with leading platform advisory and investment firm, Applico, Inc., to support the digital transformation of its services and the parking industry. Applico will help LAZ incorporate “proximity on-demand” services or PODS into its traditional parking operations. PODS is a proprietary platform of adjacent products and services that allows parking lot owners and landlords to enhance customer loyalty and unlock new revenue streams by delivering high-value, real-time services to customers.

 

Applico is based in New York and has offices in San Francisco. It partners with industry leaders like LAZ to build viable platform businesses by adopting technologies, products, or services. It creates value by enabling direct and frequent interactions between customers and producers.

 

LAZ Parking is one of the nation’s largest parking companies. It operates over 1.3 million parking spaces in 35 states and 439 cities across the United States and is ideally suited to deliver on this model. LAZ’s PODS strategy leverages its network of parking garages and other facilities to introduce technologies that enhance existing services or introduce entirely new ones. Examples include a hands-free parking experience or electric vehicle charging stations. Possible new services include ghost kitchens, rooftop solar panels, and lots for urban farming, micro warehouses, same-day delivery, last-block delivery, and other last or “LAZ” mile delivery solutions.

 

Applico will facilitate LAZ Parking’s investment in this space and dramatically accelerate partnerships with technology providers, startups, and enterprises over the next 12-24 months. Distribution and staging, logistics, delivery, electric vehicle deployment, and storage are among the initial areas of research and investment.

 

“We chose Applico to partner with us on this journey because they are innovative, creative, and effective at helping enterprises capture new, tech-enabled business models,” said Alan Lazowski, Chairman and CEO of LAZ Parking. “We intend to remake LAZ into America’s most digital parking operator. The future of parking lies in deploying these technologies in ways that transform traditional parking locations into logistics hubs serving the needs of a diversified, increasingly digital economy. We see a huge opportunity for partnerships across the entire spectrum of technology and economy; players large and small.”

 

Applico’s team of tech entrepreneurs and finance professionals will engage on behalf of LAZ with startups, technology providers, and enterprises across a range of verticals. These partnerships will initially serve LAZ’s network of parking partners but ultimately can be sold as a service to others in the parking industry.

 

“Because of their size, reach and reputation, LAZ is well positioned to broaden its array of services for both enterprises and consumers,” said Applico CEO. Alex Moazed. “By embracing strategic partnerships, LAZ can use its national scale to provide Proximity on Demand services that will transform the industry for the next 20 years.”

 

 

 

About LAZ Parking 

LAZ Parking, founded in Hartford, CT, in 1981, is one of the largest and fastest-growing parking companies in the United States, operating over 1.3 million parking spaces across the country in over 3,128 locations in 35 states and 439 cities. With four decades of experience providing parking management, transportation, and mobility services, LAZ works seamlessly across a variety of market segments, including hospitality and valet, office buildings, medical, airport and transportation, campus, government and municipal, retail, events, residential buildings, and shuttle services. Additional information can be found at www.lazparking.com.

LAZ Expands Parking Enforcement & Meter Management Business with Purchase of Serco Parking Services

May 05, 2021

LAZ Expands Parking Enforcement & Meter Management Business with Purchase of Serco Parking Services

 

Hartford, CT – May 5, 2021LAZ Parking Chairman and CEO Alan B. Lazowski announced Wednesday that LAZ has acquired Serco Parking Services, the parking enforcement, and parking meter management services of Serco Inc., a leading public services provider. The deal closed May 1.

 

Based in Los Angeles, CA, Serco Parking Services works exclusively with government agencies. It is the largest private provider of outsourced on-street parking enforcement and meter management solutions in the U.S. Services include parking enforcement, collection and maintenance of parking meters, and traffic control. Muhammad Mansoor, a highly respected and experienced professional in the industry, especially within the California market, heads Serco Parking Services. Serco’s current customers include major US Cities including San Francisco, West Hollywood, Inglewood in California, and Montgomery County in Maryland. Mansoor and his leadership team have a combined 165 years of experience in the parking industry and are among the 230 Serco employees joining LAZ as part of the deal.

 

“Bringing Serco Parking Services under the LAZ umbrella reaffirms LAZ’s position as one of the premier parking management services in the nation,” Lazowski said. “It expands our meter and parking enforcement business, especially on the West Coast. But this deal is about more than acquiring new contracts. It’s about acquiring talent and expertise. With the continued involvement of Muhammad and his team, this will be a seamless transition.”

 

The acquisition increases the number of metered spaces LAZ manages nationally by 40,000 and brings total meter revenue collected annually to nearly $300 million, more than doubling the amount collected by LAZ previously.

 

The purchase also creates significant opportunities to grow existing business lines and expand geographically. Drexel Hamilton, LLC, a 100 percent veteran-owned investment bank, provided acquisition assistance.

 

Serco recognized that our parking services will have much better growth opportunities with a company that specializes in parking,” said David Cummins, Senior Vice President at Serco Inc.  “To our employees joining LAZ Parking, we are pleased that you are joining one of the largest and fastest-growing parking companies.  We want to thank you for all your dedicated and hard work over the years and wish you all the best as you start your new chapter with LAZ Parking.”

 

About LAZ Parking  

 

LAZ Parking, founded in Hartford, CT in 1981, is one of the largest and fastest-growing parking companies in the United States, operating over 1.2 million parking spaces across the country in over 3,125 locations in 36 states and 441 cities. With four decades of experience providing parking management, transportation, and mobility services, LAZ works seamlessly across a variety of market segments, including hospitality and valet, office buildings, medical, airport and transportation, campus, government and municipal, retail, events, residential buildings, and shuttle services. Additional information can be found at 
www.lazparking.com

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