KKR, via its Global Infrastructure Strategy, has acquired The Parking Spot, a U.S. owner and operator of near-airport parking properties, from an affiliate of Green Courte Partners, a private equity real estate investment firm. Financial terms of the transaction were not disclosed.
Founded in 1998, TPS is the preeminent provider of near-airport parking operations in the United States, with 47 strategically located parking properties across the country servicing customers traveling from all major airports. Its facilities are designed to deliver convenient, affordable and hassle-free transitions to and from airport terminals, and they feature a range of parking options as well as reliable shuttle services.
“The Parking Spot has demonstrated a compelling track record of growth and delivery of a high-quality offering to travelers that aligns well with our investment philosophy,” said Dash Lane, partner at KKR. “With its strong and established platform, well-known ind
