Propark Mobility Expands Long Island Presence with Gold Coast Valet Acquisition

Propark Mobility is expanding its hospitality parking operations in the Greater New York area through the acquisition of Gold Coast Valet, a Long Island-based provider of valet and parking management services.

The transaction strengthens Propark’s presence across Long Island, particularly within the hospitality sector, where Gold Coast Valet serves hotels, restaurants, country clubs, and event venues.

Founded in 2017 by Derek Thomas, Gold Coast Valet has built a local client base around valet parking, parking management, and guest-focused hospitality services. Following the acquisition, the company will continue supporting its existing customers while becoming part of Propark’s wider operating network.

As part of Propark, Gold Coast Valet will gain access to additional technology, operational resources, and business support designed to help facilitate further growth in the region.

For Propark, the acquisition adds local market knowledge and an established hospitality portfolio to its existing Greater New York operations.

The acquisition is Propark Mobility’s third completed transaction of 2026 and forms part of the company’s continued expansion across the United States.

Propark currently provides parking and mobility services at more than 1,000 locations in over 250 U.S. cities, covering sectors including hospitality, healthcare, commercial properties, and off-airport parking.

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