Infinedi Partners Completes $115M Investment in LAZ Parking

LAZ Parking Acquires 60% Stake in INDIGO Park Canada

July 1, 2025

Transportation

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.

LAZ Parking Acquires Majority Interest in FleetLogix

April 22, 2025

Transportation

LAZ Parking has acquired a majority interest in FleetLogix, a San Diego–based provider of fleet management, managed labor and staffing services for rental car agencies and airport operations. The partnership will let LAZ integrate FleetLogix's FleetAnalytix platform and workforce capabilities to expand service offerings and accelerate growth across the U.S. and Canada.

Infinedi Partners Acquires LaSalle Network

February 28, 2022

Staffing & HR

Infinedi Partners has completed an investment in Chicago-based staffing and recruiting firm LaSalle Network. The private equity partnership will support LaSalle's expansion of products, sector coverage and geographic footprint while the company's founder-led management team remains involved.

LLR Partners Makes Growth Investment in ParkHub

February 3, 2022

Software

LLR Partners has made a growth investment in ParkHub to support continued development of the company's parking management software, expansion of payment processing capabilities, and complementary acquisitions. As part of the transaction, Jeff Shanahan (former CEO of CardConnect) will join ParkHub's board as Executive Chairman alongside LLR representatives.

Argo Infrastructure Partners Acquires LAZ Parking

December 31, 2021

Transportation

Argo Infrastructure Partners made a long-term investment in LAZ Parking, enabling Infinedi Partners to fully exit its $115 million investment in the company. LAZ Parking, headquartered in Hartford, Connecticut, is a large U.S. parking operator and parking-technology provider operating thousands of locations across dozens of states.

LAZ Parking Acquires Serco Parking Services

May 5, 2021

Transportation

LAZ Parking has acquired Serco Parking Services, the parking enforcement and parking meter management business of Serco Inc., in a deal that closed May 1, 2021. The transaction adds roughly 230 employees, increases LAZ's managed metered spaces by 40,000 (doubling meter revenue to nearly $300 million annually), and expands LAZ's capabilities and West Coast presence.