Hartford parking giant LAZ Parking has expanded its West Coast presence, announcing Wednesday it acquired a California-based shuttle company.
LAZ, which is pursuing ownership of The Gold Building in downtown, on Wednesday announced it acquired Signal Hill, Calif.-based Professional Parking for an unspecified sum.
Under the deal, Professional Parking Founder and President Ralph Caldin will join LAZ as its new vice president of transportation services.
The California-based company has more than 150 employees and a fleet of 50-plus shuttles.
Founded in 2009, Professional Parking says it provides more shuttle services to more universities than any other company in Los Angeles and Orange County.
“It’s exciting to be a part of a dynamic, growing and successful company with such a great reputation,” Caldin said of LAZ. “I am looking forward to my new role of business development on a national scale.”
LAZ, which currently occupies several floors of 15 Lewis St., a five-story office building CEO Alan Lazowski owns overlooking Bushnell Park, operates more than 1 million parking spaces across the U.S. in 3,000 locations.
Lazowski founded the company in 1981.
