Strategic Value Partners Acquires APCOA Parking Holdings

APCO Holdings Acquires Strategic Diversified

September 7, 2021

Automotive

APCO Holdings, owner of the EasyCare, GWC Warranty and MemberCare brands, has acquired Strategic Diversified, a West Chester, Pennsylvania-based provider of finance & insurance (F&I) development services for automotive dealers. The acquisition expands APCO's presence in the Mid-Atlantic, adds a recognized F&I development team, and brings additional digital retailing capabilities and resources to support dealer customers.

Strategic Value Partners Acquires Remaining Stake in IPC for Full Ownership

January 9, 2024

Telecommunications

Strategic Value Partners (SVP) has acquired the remaining 40% stake in IPC, resulting in full ownership of the mission-critical trading communications and network services provider. SVP — which had owned 60% since 2021 after leading a debt-reduction and recapitalization — cited confidence in IPC’s growth plan and will work with management to support the company’s next stage of growth.

Propark Mobility Acquires VIP Valet

May 7, 2025

Transportation

Propark Mobility, a national parking management company based in Hartford, Connecticut, has acquired VIP Valet, a Cleveland-based provider of valet parking services. The acquisition expands Propark’s presence in the Midwest and brings VIP Valet’s hospitality- and healthcare-focused valet capabilities into Propark’s national platform.

Macquarie Asset Management Acquires Minority Stake in Best in Parking AG

April 26, 2023

Infrastructure

Macquarie Asset Management, via Macquarie European Infrastructure Fund 7, has agreed to acquire a significant minority stake in Best in Parking AG, a Vienna-based developer, owner and operator of parking and mobility infrastructure across Central and Southeast Europe. The investment will support Best in Parking’s rollout of EV charging (targeting ~1,000 chargers by 2025), digital solutions and further site expansion; the Breiteneder family (through Breiteneder Immobilien Parking AG) will retain the majority stake. The transaction was expected to close by Q3 2023 and terms were not disclosed.

APCO Holdings Acquires National Auto Care from Lovell Minnick Partners

January 3, 2023

Financial Services

APCO Holdings, LLC has acquired National Auto Care (NAC) from Lovell Minnick Partners, combining two leading Finance & Insurance (F&I) administrators to create a nationwide F&I platform. The deal was financed substantially by an equity injection from majority shareholder Ontario Teachers' Pension Plan Board alongside third-party debt; Tony Wanderon, former CEO of NAC, becomes CEO of APCO after the transaction.

The Broe Group and Hudson Valley Parking Trust Acquire ICON Parking

July 15, 2024

Transportation

The Broe Group has partnered with Hudson Valley Parking Trust to acquire 100% of ICON Parking, New York City's largest parking operator. The transaction gives the buyers control of more than 150 NYC locations (over two million annual transactions) and aims to combine Broe's real estate expertise with HVPT's parking operational capabilities to support national expansion and growth initiatives.