Icon Parking Management Buyout by John D. Smith and Arkview Capital
April 4, 2023
Icon Parking was acquired in a management buyout led by President & CEO John D. Smith alongside Arkview Capital, creating one of the largest minority-owned parking and mobility operators in the U.S. The new ownership plans to expand Icon’s footprint nationally from its nearly 200 locations, accelerate EV charging deployment across its garages, and broaden its services into integrated facilities offerings.
- Buyers
- John D. Smith, Arkview Capital
- Targets
- Icon Parking
- Industry
- Transportation
- Location
- New York, United States
- Transaction Type
- Buyout
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