Stonepeak Completes Acquisition of Chicago Parking Meters

October 21, 2026 · 5:45 PM · CHICAGO

Stonepeak, a leading alternative investment firm specializing in infrastructure, today announced that it has completed the acquisition of Chicago Parking Meters, LLC (“CPM”), the operator of the City of Chicago’s on-street parking system, from a consortium comprising Morgan Stanley Infrastructure Partners, Allianz, and a wholly owned subsidiary of the Abu Dhabi Investment Authority. The closing of the transaction follows receipt of all regulatory approvals, including a...

PublishedOctober 21, 2026 · 5:45 PM
LocationCHICAGO
IndustryConstruction & Property
LanguageEN

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