Recapitalization of Premier Parking of Tennessee, LLC by River Associates Investments, LLC

June 30, 2017 – River Associates Investments, LP (“River Associates” or “River”) a longstanding lower-middle market private equity firm based in Chattanooga, TN, announced that it has partnered with management to acquire Premier Parking of Tennessee, LLC (“Premier Parking”). Premier Parking provides parking management solutions for urban, healthcare, hospitality, and mixed-use developments including restaurants, offices, municipal, and special events. The Company’s services include on-site parking management, traffic management, valet and shuttle services, parking enforcement, and parking design and technology consulting services.

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