Eldridge-backed Metropolis Technologies, a technology company whose computer vision platform enables checkout-free payment experiences, agreed to acquire SP Plus, a provider of parking, baggage handling, ground transportation, facility maintenance, event logistics, and security services, for $1.5bn. "Today we announced a transformational acquisition that represents both a new paradigm in how technology companies grow and a significant step forward in offering consumers a remarkable experience. SP+ is a phenomenal business whose operational excellence, talented leadership team and high customer satisfaction levels have long made it a key partner to real estate owners across North America. The combined platform will seek to bring checkout-free payment experiences to consumers,” Alex Israel, Metropolis Co-Founder and CEO.