The Broe Group and Hudson Valley Parking Trust Acquire ICON Parking

July 15, 2024

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.

Buyers
The Broe Group, Hudson Valley Parking Trust
Targets
ICON Parking
Industry
Transportation
Location
New York, United States
Transaction Type
Buyout

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