Propark Mobility Acquires Houston-Based Sovereign Services

January 13, 2022

Propark Mobility has acquired Sovereign Services, a Houston-based parking management company, as Propark expands its presence in Texas. Sovereign’s founders will retire while the business will continue operating as Sovereign Services “powered by Propark,” leveraging Propark’s technology and back-office support to pursue growth across Texas.

Targets
Sovereign Services
Industry
Transportation
Location
Texas, United States
Transaction Type
Buyout

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