Parking Management Company Expands With Acquisition of Progressive Parking Solutions
National parking services provider strengthens Midwest and Southeast presence
Parking Management Company (PMC), a national parking and hospitality services provider, has acquired Progressive Parking Solutions, a boutique parking and transportation management firm based in Little Rock, Ark. PMC will incorporate Progressive Parking’s locations across Arkansas, Oklahoma, Texas and Wisconsin into their national portfolio. This marks the latest in a series of acquisitions for PMC, including Keefe Co. Parking in Minnesota, Bird Dog Parking in Tennessee, ParkPoolr in Minnesota, American Parking in Arizona and Pueblo Parking in Arizona.
“Kirk Hoffman and the leadership team at Progressive Parking Solutions represent a fantastic partnership for PMC culturally, geographically and operationally,” said PMC chief investment officer Tim Bewley. “We are honored to partner with Progressive to continue our national growth plan and introduce our technology solutions to enhance the parking experience for their guests and parkers.”
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All Progressive Parking employees, including owner Kirk Hoffman, will remain with PMC. PMC will take over parking management of Progressive Parking’s existing locations, including several commercial lots and healthcare facilities. As part of the transition, PMC will introduce its suite of parking technology solutions such as PMC Pay to all new locations, to improve convenience and enhance the overall parking experience for both parkers and lot owners.
“Progressive Parking Solutions was founded in 2008 with the goal of delivering excellent parking services and top-rate hospitality,” said Progressive Parking owner Hoffman. “I couldn’t imagine a better partner than PMC to continue this commitment and elevate the experience for our parkers.”
About Parking Management Company Parking Management Company (PMC) is a hyper-growth, employee-owned hospitality parking services provider and commercial parking management company. PMC provides an unparalleled level of service for hotels, commercial lots and garages, hospitals, casinos, and event venues. The company currently employs more than 7,000 associates nationwide and serves clients in 250 cities and 44 states. PMC’s associates relentlessly serve hundreds of clients from coast to coast.
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