LAZ Parking Acquires 60% Stake in INDIGO Park Canada
July 1, 2025
LAZ Parking has acquired a 60% majority stake in INDIGO Park Canada Inc., creating North America's largest tech-driven parking, transportation, and mobility company. The deal reunites LAZ and the INDIGO Group, expands LAZ's footprint to more than 5,300 locations and 2 million parking spaces across North America, and will preserve IPC’s leadership under CEO John Laires; Argo Infrastructure Partners is an investor in LAZ and supported the transaction.
- Buyers
- LAZ Parking
- Targets
- INDIGO Park Canada Inc.
- Sellers
- INDIGO Group
- Industry
- Transportation
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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