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Recent Updates and News From January

Make sure you haven’t missed out on any of this month’s parking goodness by taking a look over our January recap

This first month of the new year for us has been a busy one, with lots of planning and new developments already coming to light in our industry. If you’ve also had a similarly busy month, make sure you haven’t missed out on any of this month’s parking goodness by taking a look over our January recap.

Read All About It:

You can always get daily updated news on our platform parking.net

Partnerships:

Worldline completed the acquisition of Axepta Italy in a joint venture with BNL, bringing a further 37,000 merchants under their wing. HERE added more than 400 Indoor Parking Garages across Europe and North America to Its Indoor Map through its Partnerships with APCOA and Propark Mobility, whilst Scheidt and Bachmann France started their year off with a new contract with the IKEA Group.

Investments and Acquisitions:

LAZ started the year off strong with their announcement of a long-term investment from Argo Infrastructure Partners, in a move expected to support further investment in EV charging infrastructure assets across the US. Propark’s acquisition of parking management company Sovereign Services will see Propark extend its presence in Texas.

GB & Partners Investment Management and its portfolio company, Asura Technologies, now own the majority share in PRRS in an acquisition that brings together the strategic partnership of PRRS’s 20 years of unique parking enforcement and collections expertise, with Asura’s video analytic systems and AI-based license plate recognition software.

NMI expand deeper into the commerce value chain through its acquisition of IRIS CRM. This move will allow the duo to provide added value for partners by bringing together easy sign-up and onboarding for merchants with the ability to quickly monetize payments.

Last September saw the sale of EYSA Citizens business (ElParking and Imbric mobility apps) to Mutua Madrileña and this month sees the sale of EYSA to H.I.G Capital, with the combined sale of both being the largest transaction in smart mobility in Spain over the last few years.

Everything Data:

DESIGNA argue that it is imperative to ensure your customer data is protected, whilst REKOR have been tasked to capture and subsequently provide analytics at Philadelphia Navy Yard in a pilot project. Parkopedia started off the year with a bang by being named the leading parking data provider in the US following the latest Ground Truth Testing (GTT) report.

Contactless and Payments:

ParkMobile had a busy first month providing the City of Greenville, Clarksville, College Station and Memphis respectively with contactless parking payment options. CCV were selected to be the payment provider of choice at selected EV charging stations across Germany, whilst Get My Parking’s award-winning smart parking platform now enables parking operators to offer EV charging as a value-added service that can be discovered, managed and paid for through a custom-branded consumer app. Get My Parking also integrated over ten payment gateways to their parking platform to ease digital payment adoption American parking operators.

Caught on Camera:

We asked our valued Business Members what they think will be trending in our industry in 2022. Check out our videos below and see what we may expect over the course of the year.

The Best of the Rest…

Hikvision opens two new experience centers in France, meaning you can go and experience their video solutions first hand. Tagmaster ensure your car park management and security can be handled with ease, while APCOA and CARRIDA collaborate to ensure parking is made simple.

HUB’s existing customer, Fisherman’s Wharf in San Francisco reach out to them for an upgrade, PSX become the exclusive Amano McGann provider to the state of Michigan, Azena announces US pilot projects, Technoso Control Systems launches a leasing business model, Parquery’s smart parking solution allows for detection of any type of vehicle, The City Post in Zwolle gets the WPS touch and Jeddah Airport gets a boost from Quercus Technologies.

Intertraffic Amsterdam 2022:

We are proud to be working together with our friends at Intertraffic Amsterdam for the upcoming Intertraffic 2022 tradeshow. Come March we shall be exhibiting and hope to see many of you there in person. Visitor registration is now open, so make sure you get your registration in on time!

You can find all the latest in our industry on our platform now at parking.net. We provide daily updated news and other resources covering all things parking. If you have any questions, comments or need help, just reach out to us here.

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