Private Equity Conversations with Fexingo · 2026-06-18 · 11 min
In episode 59 of Private Equity Conversations with Fexingo, Lucas and Luna dive into the surprising wave of PE investment in parking lots and garages. They break down the economics behind the $3.1 billion acquisition of Spain's Empark by a consortium led by Macquarie, and explain how operators like LAZ Parking and Propark America are using data-driven pricing and long-hold strategies to turn asphalt into cash flow. The hosts explore why parking assets offer recession-resistant yields, low capex requirements, and opportunities for operational improvement through dynamic pricing and subscription models. They also touch on the risks: the shift toward remote work, the potential for autonomous vehicles to reduce demand, and the regulatory hurdles in cities like New York and San Francisco. If you've ever wondered who really owns that lot you park in every day - and why it's being bought up by billion-dollar funds - this episode unpacks it all.
Other episodes covering the same guests and topics, from across The B2B Podcast Index.
How Private Equity Transformed Your Local Grocery Checkout75 / 100The Quiet Consolidation Of Commercial RoofingHow Private Equity Bought Your Power GridThe Silent Takeover of Nursing HomesHow Private Equity Bought Your Local Funeral Homes
