September 28, 2021
ValorBridge Partners (“ValorBridge”) is pleased to announce its investment in Fine Parking Group (“FINE” or the “Company”) and the subsequent recapitalization of the FINE’s senior debt. Mazzone & Associates acted as the exclusive financial advisor on these transactions.
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 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 was founded by Mike Fine who built his first parking services facility in Tulsa, OK in 1983. Under the leadership of CEO Chris Amburgy, the company evolved into a full-service upscale parking services provider offering auto detailing, valet services, covered parking and rewards programs. The company expanded with a very successful new facility in Denver, Colorado in 2017. Since partnering with ValorBridge, the company has acquired additional facilities in Houston, Texas at Hobby and Bush International airports.
