The partnership merges the capabilities of both companies while providing California-based FleetLogix with the resources needed to grow and better serve its clients and customers.
LAZ Parking, the largest, fastest-growing privately-owned parking operator in the United States, is pleased to announce it has acquired a majority interest in FleetLogix, a provider of fleet management and staffing services serving the transportation, logistics, and fleet services industries. Based in San Diego, California, FleetLogix is recognized as a best-in-class managed labor and technology solutions provider in the transportation and mobility industry. The partnership with LAZ will allow the company to accelerate its growth and better support its customer base throughout the U.S. and Canada.
“We are thrilled to be partnering with FleetLogix and to be merging the world-class capabilities of our two companies,” said Alan Lazowski, Chairman and CEO of LAZ Parking.
The partnership is a great fit for LAZ because FleetLogix provides services complementary to LAZ’s core business of providing customers with best-in-class talent and technology. The two companies will be able to share operational best practices and technology for an enhanced customer experience. FleetLogix customers will benefit from access to LAZ resources and HR capabilities, which will enhance the speed with which FleetLogix and FleetAnalytix, its web-based data analysis platform, can deploy personnel.
“This deal provides FleetLogix with the resources it needs to grow,” said Jeff Karp, President and Founder of LAZ Parking. “Bringing FleetLogix into the LAZ family makes perfect sense culturally and makes the most of each company’s strengths.”
FleetLogix primarily serves rental car agencies, providing managed labor services that include transportation and cleaning of rental cars at over 37 airports nationwide. Other services provided by the company include onsite management, HR, payroll, and recruiting functions; shuttle bus driving; maintenance support; valet/check-in services and porters; lost and found management, and more. The company operates in 50 locations at 37 airports in over 20 states, with 2,400 employees. Its FleetAnalytix technology is in use at over 75 airports in the U.S. and Canada, tracking over 1.4 million vehicle movements per month.
“We could not be more excited about the opportunity this partnership represents for FleetLogix.” said Adam Kimball, CEO of FleetLogix. “We can’t think of a better partner with which to chart our future than LAZ.”
“A tremendous strategic step for our investment and the entire LAZ team,” said Jason Zibarras, founder and managing partner at Argo Infrastructure Partners, which, through its managed funds, is an investor in LAZ Parking.
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