Mazzone & Associates advises ValorBridge Partners on its investment in and the subsequent recapitalization of Fine Parking Group
Mazzone & Associates (“Mazzone”) is pleased to announce that it acted as the exclusive financial advisor to ValorBridge Partners (“ValorBridge”) with respect to ValorBridge’s investment in Fine Parking Group (“FINE” or the “Company”) and the subsequent recapitalization of the FINE’s senior debt.
Chris Amburgy, CEO of FINE, stated, “We are excited to partner with ValorBridge and look forward to introducing FINE’s signature quality-focused approach to new markets across the country. Mazzone & Associates proved to be creative and considerate in structuring a solution that achieved our desired outcome, both on the initial transaction and on the debt recap.”
Reflecting on the transaction, Christopher Durham, General Manager of ValorBridge, noted, “We are excited about our new partnership with Chris Amburgy, Charles Billera, and the FINE team and look forward to supporting them in their next phase of growth. The Mazzone team conducted yet another smooth transaction from start to finish and ultimately delivered another strong portfolio company for ValorBridge.”
About FINE Parking Group
FINE Parking Group is the owner and operator of four premium off-airport parking facilities located at Denver International Airport, Tulsa International Airport, and William P. Hobby and George Bush Intercontinental Airports in Houston. FINE’s broad array of service offerings, including auto detailing, valet services, and rewards programs, sets it apart from other off-airport parking options, and has facilitated the growth of a loyal customer base across the Company’s geographies.
Going forward, FINE is actively seeking opportunities for the acquisition or development of airport and urban parking facilities in markets with favorable and sustainable growth characteristics. Please contact Dustin Dawson at ddawson@mazzoneib.com with any prospective opportunities.
About ValorBridge Partners
ValorBridge Partners is an Atlanta-based private evergreen holding company that owns, operates, and invests in healthcare, financial services, real estate, and industrial supplies and service companies. With a track record spanning over two decades, ValorBridge’s uncommon combination of substantial entrepreneurial, operational, and classic value investing experiences, as well as its long-term orientation as an investor, have positioned the company as a strong partner in providing capital to growing companies. ValorBridge also offers a wealth of strategic guidance and experience gained from successfully growing companies at all stages of the business life cycle.