ANNAPOLIS, Maryland, 01 October 2008 – Towne Park announced the
acquisition
of Mile Hi Valet Services in a move that brings two outstanding
companies
together to offer industry-leading service and financial results.
The combined organization is the national leader in hospitality
staffing
and parking solutions including valet parking, door and bell services,
and parking management systems.
The rationale for the acquisition is:
-
Both companies have premium brands and excellent reputations in the
market
-
Services and client portfolios have little overlap, making them highly
complementary
-
Combined organization has coast-to-coast nationwide presence
“This merger is a key step toward our goal of providing best-in-class
service
to the national hotel community,” said Jerry South, Towne Park’s
Founder
and CEO. “In addition to the clear strategic benefits of uniting two
highly
complementary organizations, this move positions Towne Park as a new
kind
of industry leader – one founded on exceeding guest expectations
through
employee empowerment and industry innovation.”
Towne Park and Mile Hi join forces with similar cultures,
talent and
commitments. Both companies place an emphasis on great people,
continued
associate development, and exceptional customer service.
About
Towne Park
Towne Park – the national leader of hospitality staffing and parking
solutions – provides hospitality contract and parking services
including
valet parking, door and bell, and parking management services and
systems.
Towne Park serves over 200 hospitality destinations in over 40 major
markets
nationwide. Towne Park was founded in 1988 in Annapolis, MD where
their corporate offices still reside today. To learn more about
Towne
Park and the very best people, please visit www.townepark.com
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