Announced
Financials
Sources
Tags
Private
Single Bidder
Acquisition
Cross Border
Friendly
parking marketplace
Pending
Majority
United Kingdom
Software
Synopsis
Flowbird, a provider of software, mobile apps, payments and hardware solutions for parking, agreed to acquire YourParkingSpace, an online parking marketplace. Financial terms were not disclosed. “With this strategic acquisition, Flowbird will benefit from YourParkingSpace’s experience in marketplace bookings. This will help with our goal to better support our mobile app community by providing them with advanced features – whether it be to simply book a parking space or to park and charge their electric vehicle. It is a win-win situation for all our stakeholders: motorists, cities and parking operator partners,” Bertrand Barthelemy, Flowbird President.
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