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IPO Profile Standard Parking Corporation
900 North Michigan Avenue, Suite 1600, Chicago, Illinois 60611
Tel: 312-274-2000
Web: www.standardparking.com
Ticker: STAN
Stock Exchange: Nasdaq
Shares Issued: 4,100,000.00
Price Offered: $11.50
Amount Raised: $47,150,000.00
Underwriters:
William Blair
Thomas Weisel Partners LLC
Company Description:
We are a leading national provider of parking facility management services. We provide on-site management services at multi-level and surface parking facilities for all major markets of the parking industry. We manage approximately 1,850 parking facilities, containing over one million parking spaces in over 275 cities across the United States and Canada. Our diversified client base includes some of the nation's largest private and public owners, managers and developers of major office buildings, residential properties, commercial properties, shopping centers and other retail properties, sports and special event complexes, hotels, and hospitals and medical centers, including properties such as the Arco Tower in Los Angeles, the Four Seasons Hotel in Chicago, the Harvard Medical School in Cambridge, the Nationwide Arena in Columbus and Westfield Shoppingtown Century City in Los Angeles. In addition, we manage 126 parking-related and shuttle bus operations serving 66 airports, including Chicago O'Hare International Airport, Cleveland Hopkins International Airport and Dallas/Fort Worth International Airport. We also provide a range of ancillary services to satisfy client needs such as municipal meter collection and valet parking.
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