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APCOA Parking
APCOA Parking AG (APCOA) is Europe's longest-established full service parking management company.APCOA at Sovereign Publications
Headquartered at , in , it manages over 1,400,000 parking spaces across 13 countries, and employs approximately 4,500 people. On February 7, 2024, it was announced that Strategic Value Partners had completed its acquisition of the company.


History

In 1949, Howard Metzenbaum and



APCOA Parking Logo
APCOA Parking AG (APCOA) is Europe's longest-established full service car park, parking management company.APCOA at Sovereign Publications
Headquartered at Stuttgart Airport, in Germany, it manages over 1,400,000 parking spaces across 13 countries, and employs approximately 4,500 people. On February 7, 2024, it was announced that Strategic Value Partners had completed its acquisition of the company.


History

In 1949, Howard Metzenbaum and Ted Bonda founded APCOA as the Airport Parking Company of America, Inc. in Cleveland, Ohio. In 1966, the company was acquired by the ITT Corporation and was made into a division of ITT.APCOA Company ...
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Mantua
Mantua ( ; ; Lombard language, Lombard and ) is a ''comune'' (municipality) in the Italian region of Lombardy, and capital of the Province of Mantua, eponymous province. In 2016, Mantua was designated as the "Italian Capital of Culture". In 2017, it was named as the "European Capital of Gastronomy", included in the Eastern Lombardy District (together with the cities of Bergamo, Brescia, and Cremona). In 2008, Mantua's ''centro storico'' (old town) and the nearby of Sabbioneta were declared by UNESCO to be a World Heritage Site. Mantua's historic power and influence under the House of Gonzaga, Gonzaga family between 1328 and 1708 made it one of the main artistic, culture, cultural, and especially musical hubs of Northern Italy and of Italy as a whole. It had one of the most splendid courts of Europe of the fifteenth, sixteenth, and early seventeenth centuries. Mantua is noted for its significant role in the history of opera; the city is also known for its architectural treasur ...
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FirstGroup
FirstGroup plc is a British multi-national transport group, based in Aberdeen, Scotland.Companies House extract company no SC157176
FirstGroup plc
The company operates transport services in the and . It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The creation of what became Fir ...
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Kornwestheim
Kornwestheim (; ) is a town in the district of Ludwigsburg, Baden-Württemberg, Germany. It is situated about north of Stuttgart, and south of Ludwigsburg. History Origins and Development Kornwestheim's history spans over 1200 years, first being documented as "Westheim" around 780 AC, within the interest register of the Lorsch monastery. The name form "Kornwestheim" appeared much later; for the first in 1472, which became common in the 17th century and has been in use ever since. Archeological findings furnish evidence for the populating of the area in already prehistorical times. There was a Roman road that lead through the Kornwestheim urban area, which has been partially preserved as dirt road. Part of it was restored in Kornwestheim-Ost near the Theodor-Heuss-Realschule. In the western part of the city there was an even older road from the Bronze Age running towards what today is a highway. It is assumed that the original Westheim is a western settlement, in contrast ...
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Frankfurt Stock Exchange
The Frankfurt Stock Exchange (, former German name: , ''FWB'') is the world's 3rd oldest and 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time). Organisation Located in Frankfurt, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse AG and Börse Frankfurt Zertifikate AG. It is located in the district of Innenstadt and within the central business district known as Bankenviertel. With 90 percent of its turnover generated in Germany, namely at the two trading venues Xetra and Börse Frankfurt, the Frankfurt Stock Exchange is the largest of the seven regional securities exchanges in Germany. The trading indices are DAX, DAXplus, CDAX, DivDAX, LDAX, MDAX, SDAX, TecDAX, VDAX and EuroStoxx 50. Trading venues Xetra and Börse Frankfurt Through its Cash Market business section, Deutsche Börse AG now operates two trading venues at the Frankfurt Stock Exchange. * Xetra is the refe ...
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Southwark Council
Southwark London Borough Council, also known as Southwark Council, is the local authority for the London Borough of Southwark in Greater London, England. It is a London borough council, one of 32 in London. The council has been under Labour majority control since 2010. The council is based at 160 Tooley Street. History Southwark itself had been an ancient borough from at least the 12th century until the 19th century. However, for most of its history it was a manorial property of the neighbouring City of London rather than being a self-governing borough with its own corporation. From 1856 the area of the modern borough was governed by the Metropolitan Board of Works, which was established to provide services across the metropolis of London. In 1889 the Metropolitan Board of Works' area was made the County of London. From 1856 until 1900 the lower tier of local government within the metropolis comprised various parish vestries and district boards. In 1900 the lower tier was reorg ...
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City Of Westminster
The City of Westminster is a London borough with City status in the United Kingdom, city status in Greater London, England. It is the site of the United Kingdom's Houses of Parliament and much of the British government. It contains a large part of central London, including most of the West End of London, West End, such as the major shopping areas around Oxford Street, Regent Street, Piccadilly and Bond Street, and the entertainment district of Soho. Many London landmarks are within the borough, including Buckingham Palace, Westminster Abbey, Whitehall, Westminster Cathedral, 10 Downing Street, and Trafalgar Square. The borough also has a number of major Westminster parks and open spaces, parks and open spaces, including Hyde Park, London, Hyde Park, and most of Regent's Park. Away from central London the borough also includes various inner suburbs, including St John's Wood, Maida Vale, Bayswater, Belgravia and Pimlico. The borough had a population of 204,300 at the 2021 census. ...
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Local Authority
Local government is a generic term for the lowest tiers of governance or public administration within a particular sovereign state. Local governments typically constitute a subdivision of a higher-level political or administrative unit, such as a nation or state. Local governments generally act within the powers and functions assigned to them by law or directives of a higher level of government. In federal states, local government generally comprises a third or fourth level of government, whereas in unitary states, local government usually occupies the second or third level of government. The institutions of local government vary greatly between countries, and even where similar arrangements exist, country-specific terminology often varies. Common designated names for different types of local government entities include counties, districts, cities, townships, towns, boroughs, parishes, municipalities, municipal corporations, shires, villages, and local government areas. The s ...
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London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Thames in southeast England, at the head of a tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Roman Empire, Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of Government of the United Kingdom, the national government and Parliament of the United Kingdom, parliament. London grew rapidly 19th-century London, in the 19th century, becoming the world's List of largest cities throughout history, largest city at the time. Since the 19th cen ...
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Venture Capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for Equity (finance), equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because Startup company, startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovation, innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology. Pre-seed and seed money, seed rounds are the initial stages of funding for a startup company, typically occurring earl ...
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Standard Parking
SP Plus Corporation is an American provider of parking facility management services. It is a provider of parking, baggage handling, ground transportation, facility maintenance, event logistics, and security services across the United States and Canada. Until December 2013, it was known as Standard Parking Corporation. The company employs more than 26,000 people to manage 4,200 parking facility locations, as well as parking and shuttle bus operations at 75 airports. It is wholly owned by Metropolis Technologies, Inc. History Standard Parking began in 1929 in Chicago, Illinois, where it was operated by David and Benjamin Warshauer as a family owned and controlled business. The business operated under the corporate name of Standard Parking Corporation from 1981 until 1995, at which time it was reconstituted as a limited partnership named Standard Parking, L.P. March 1998, Standard Parking merged with APCOA, Inc., forming APCOA/Standard Parking, Inc. In April 2003, APCOA/Standard Pa ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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