LAZ Parking Expands its Dominance in North America with Acquisition of Indigo Park Canada

LAZ Parking Acquires a Majority Stake in Indigo Park Canada

In a strategic move that reinforces its leadership position in the parking industry, LAZ Parking has successfully acquired a 60% stake in Indigo Park Canada (IPC). Announced on July 1, 2025, this acquisition not only marks the reunion of LAZ Parking and the Indigo Group, but it also positions LAZ as North America’s largest tech-driven parking, transportation, and mobility company.

The Vision Behind the Acquisition

Since their previous collaboration from 2007 to 2021, LAZ Parking and IPC have forged a partnership focusing on innovative technology solutions. The companies have jointly evolved advanced business intelligence platforms, cutting-edge e-commerce tools, and sophisticated AI technologies. The recent acquisition symbolizes a formalized collaboration aimed at maximizing benefits for their employees, customers, and clients.

Alan Lazowski, Chairman and CEO of LAZ Parking, emphasized, "This tremendous acquisition furthers the LAZ mission of creating opportunities for our employees and value for our clients. With this acquisition, we are committed to offering unparalleled value to our customers and partners across North America."

The integration of IPC will allow LAZ Parking to manage over 5,300 locations, employing a talented workforce of more than 20,000 individuals, and encompassing more than 2 million parking spaces across the continent.

Commitment to Quality and Innovation

One of the key aspects of this acquisition is the commitment to retaining the brand identity of Indigo Park Canada. The culture, dedication to customer satisfaction, and service excellence that IPC has built over its 50 years of operation will remain intact. CEO John Laires, who leads the IPC team, will ensure the continuity of IPC’s values and commitment to employees and customers, a fact highlighted by Lazowski.

Jason Zibarras, Founder and Managing Partner at Argo Infrastructure Partners, expressed confidence in LAZ's strategic moves, stating, "This is a major strategic milestone for LAZ, and the management team that has grown the business to become North America's largest parking operator. We are pleased to have supported LAZ in securing this position."

A New Era in Parking and Mobility

As LAZ Parking transitions into this new chapter, it aims to leverage its extensive network for innovative, tech-driven solutions. Features such as electric vehicle charging, micro warehousing, and last-mile logistics will be enhanced throughout their operations. These advancements serve to streamline services across various sectors including hospitality, healthcare, retail, and transportation.

LAZ Parking’s foundation, established in Hartford, Connecticut, by industry pioneers has consistently prioritized leading-edge digital parking technology. As of 2025, LAZ operates over 2 million parking spaces across more than 5,300 locations in 44 states and 639 cities throughout the United States and Canada.

The Broader Impact

This acquisition represents not just a growth strategy for LAZ Parking but a significant shift in the parking and mobility landscape in North America. By embracing technology and enhancing service offerings, LAZ is setting a precedent in the industry for future collaborations and innovations. The integration of IPC signals a forward-thinking approach that will likely influence market trends and redefine user engagement in the parking space.

As the largest private parking operator in the United States, LAZ Parking continues to innovatively adapt its business strategies, prioritizing the communities it serves while elevating industry standards. For more detailed information, visit LAZ Parking’s website.