Kayne Partners Invests in Aparc Systems

Kayne Partners Invests in Aparc Systems

Kayne Partners has made an investment in Aparc Systems, a systems integration, parking management, and enforcement technology company.

Aparc provides software for parking and enforcement systems in the private and commercial sectors. The company was founded in 2006 by Robert Ziola (Chief Executive Officer) and is headquartered in Vancouver (www.aparcsystems.com).

“Aparc is proud to partner with and receive the support of Kayne Partners. Our partnership with Kayne Partners will allow Aparc to extend its reach and expand its outstanding team and continue to develop advanced parking technology to provide more efficiency and revenue generation for its customers,” said Mr. Ziola.

“Kayne Partners has a strong track record of partnering with leading, high growth companies, and we are excited about our partnership with Aparc and the Aparc management team. We have followed the parking and traffic solutions sector and believe that the inefficiencies in this world will lead to significant adoption and continued purchasing of parking technologies,” said Nishita Pawar, Vice President, Kayne Partners. “Aparc is solving a revenue generation pain-point in the lives of municipal and commercial clients as well as improving the user experience for the end consumers that interact with the legacy systems. We believe Aparc and its team are well positioned to build on the increasing need for technology in the space.”

Kayne Partners (www.kaynepartners.com) is the growth private equity group of Kayne Anderson Capital Advisors, an alternative investment firm with $19.4 billion in assets under management. The firm focuses on niche investing in energy, energy infrastructure, growth equity, specialty real estate and middle market credit. Kayne Anderson is entirely owned by its investment professionals and management. Kayne Anderson Capital Advisors was founded in 1984 and is headquartered in Los Angeles with offices in Houston, New York, Chicago, Denver, Dallas and Atlanta (www.KayneCapital.com).

© 2013 PEPD • Private Equity’s Leading News Magazine • 3-14-13

To search in site, type your keyword and hit enter