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New Deal


Announced

FLASH to acquire Parkonect.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Pending

Single Bidder

Friendly

Private

Car Parks

parking solutions

Acquisition

Majority

Domestic

Synopsis

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FLASH, a provider of flexible technology solutions for urban real estate, agreed to acquire Parkonect, a parking solutions provider. Financial terms were not disclosed. "FLASH is committed to deploying technology that empowers real estate owners to unlock the full value of their urban real estate, and that includes assets with legacy infrastructure as well as those looking to modernize their parking systems," Dan Sharplin, FLASH Executive Chairman and CEO.

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