Argo Infrastructure Partners Acquires LAZ Parking

Infinedi Partners Completes $115M Investment in LAZ Parking

March 11, 2020

Transportation

Infinedi Partners completed a $115 million investment in LAZ Parking, partnering with founder Alan Lazowski and existing management to support the company's next phase of growth. LAZ Parking, headquartered in Hartford, Connecticut, is a leading tech-enabled parking operator across 42 states with over 3,700 locations and a diversified blue-chip customer base.

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 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.

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.

Argo Infrastructure Partners Increases Stake in TierPoint

December 14, 2025

Infrastructure

Argo Infrastructure Partners acquired the equity interests held by the majority of TierPoint's minority shareholders, further increasing Argo's ownership in the data center platform; financial terms were not disclosed and the transaction has closed. The move brings total capital formation under Argo's ownership to $3.0 billion and is intended to deepen support for TierPoint's national expansion of its 40 data centers across 20 markets and continued financing strategy.

Argo Affiliate Acquires Macquarie Infrastructure Holdings (MIC)

July 21, 2022

Infrastructure

An affiliate of Argo Infrastructure Partners, LP completed a merger to acquire Macquarie Infrastructure Holdings, LLC (MIC) for $4.11 per unit, with the transaction closing on July 21, 2022 and resulting in MIC’s delisting from the NYSE. The deal was presented as a take-private transaction to unlock value for equity holders; Lazard and Evercore served as financial advisors and White & Case as legal counsel to MIC.