Announced
Financials
Sources
Tags
Majority
Private Equity
Cross Border
payments platform
Acquisition
Friendly
United Kingdom
parking reservations
Payments / Commerce
Private
Merger
Pending
Single Bidder
Synopsis
FTV Capital and LLR Partners-backed ParkHub, a provider of parking management software and payments solutions, agreed to merge with JustPark, an app-based parking reservations technology and payments platform. Financial terms were not disclosed. "After 18 years at the forefront of transforming parking experiences for millions, our merger with ParkHub catapults JustPark to new heights. Our dedication to improving the parking experience for drivers continues, and with our cutting-edge technology and unrivalled support, we're set to revolutionize parking for our customers and partners both here in the UK, and now also in North America," Anthony Eskinazi, JustPark Founder and CEO.
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