LAZ Acquires Apex Parking System in Houston, Texas

LAZ Parking has acquired Apex Parking System, a parking company with 31 surface and garage parking locations throughout Houston, Texas.
This acquisition will add 3,665 spaces to LAZs nationwide portfolio of 360,000 spaces, and will bring the total count to more than 14,280 currently under management in Texas.

Apex Parking has operated since 2003. Most of its employees are expected to remain with LAZ Parking, thus providing a seamless transition for customers and clients. As with most LAZ locations, the appearance of many facilities will be enhanced through better signage, landscaping and layout improvements, as well as expanded customer amenity programs.

Said Michael Kuziak, COO for LAZ Parking: The acquisition ofApex is ideally suited for our long-termstrategic growth. Our current infrastructure in Texas includes operations offices in Houston, Dallas, San Antonio and Austin, and these markets are poised for considerable growth and have been targeted for expansion opportunities.
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