Announced
Completed
Financials
Sources
Tags
Acquisition
Friendly
software-as-a-service
Private
Software
Cross Border
Majority
United Kingdom
Completed
Single Bidder
Synopsis
SP Plus, a provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients, completed the acquisition of K M P Associates, a software and technology provider serving aviation and commercial parking clients throughout the United States and Europe. Financial terms were not disclosed. "We are pleased to welcome Rhodri and his team of talented software developers and revenue management and digital marketing professionals to SP+. The addition of KMP’s SaaS platform further enhances and complements our existing Sphere suite of technology solutions, which provide our clients with flexible options to meet their mobility needs and optimize their parking assets, through technology-only solutions or a combination of technology and people," Jeffrey Eckerling, SP+ Chief Growth Officer.
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