About Towne Park
Towne Park is a company based in Annapolis (United States) founded in 1988 was acquired by Greenbriar Equity Group in July 2023.. Towne Park has completed 7 acquisitions, including CitiPark, Curbside and Frogparking. Towne Park offers products and services including Valet Parking and Shuttle Service.
- Headquarter Annapolis, United States
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Towne Park, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
NewStar Financial
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
CitiPark
& 6 more
- Acquired by
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Products & Services of Towne Park
Towne Park offers a comprehensive portfolio of products and services, including Valet Parking and Shuttle Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Valet parking is offered as a service that enhances guest experiences in hospitality settings
Shuttle service is provided to facilitate mobility and support efficient operations in various environments
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Finance and Accounting
9 people
Operations Team
8 people
Human Resources and Administration
6 people
Leadership Team
6 people
Software Development Team
6 people
Sales and Marketing
5 people
Board Team
3 people
Payroll Team
2 people
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Funding Insights of Towne Park
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2009 | Amount | Debt – Conventional - Towne Park | Valuation |
investors |
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| Jun, 2008 | Amount | Debt – Conventional - Towne Park | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Towne Park
Towne Park has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include NewStar Financial, TA Associates and Greenbriar Equity Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are invested in by private equity firm TA.
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Founded Year | Domain | Location | |
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Greenbriar Equity Group is focused on investing in growth-oriented companies.
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Founded Year | Domain | Location | |
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Financial services are provided by NewStar Financial in Boston.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Towne Park
Towne Park has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include CitiPark, Curbside and Frogparking. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of parking services
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2012 | ||||
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Provides smart parking hardware and software for operations optimization.
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2010 | ||||
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Airport parking spaces are booked through an online platform.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Towne Park
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Towne Park Comparisons
Competitors of Towne Park
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Towne Park
When was Towne Park founded?
Towne Park was founded in 1988 and raised its 1st funding round 20 years after it was founded.
Where is Towne Park located?
Towne Park is headquartered in Annapolis, United States. It is registered at Annapolis, Maryland, United States.
Who is the current CEO of Towne Park?
Andrew Kerin is the current CEO of Towne Park.
What does Towne Park do?
Provider of exceptional parking, mobility, and valet services. Its services include self parking, healthcare support solutions, shuttle services, revenue optimization services. Their expert solution includes door and bell services, concierge, transportation, greeter and patient transport.
What products or services does Towne Park offer?
Towne Park offers Valet Parking and Shuttle Service.
How many acquisitions has Towne Park made?
Towne Park has made 7 acquisitions, including CitiPark, Curbside, and Frogparking.
Who are Towne Park's investors?
Towne Park has 3 investors. Key investors include NewStar Financial, TA Associates, and Greenbriar Equity Group.