Orikan Group completed the acquisition of Global Parking Solutions USA.

Orikan Group, a provider of parking technology solutions, completed the acquisition of Global Parking Solutions USA, a parking meter system technology provider. Financial terms were not disclosed. “By joining forces, Orikan will enhance GPS USA’s services with a fully integrated set of parking technology solutions. It means we can bring Orikan’s entire suite of industry-leading services to a market we’ve been working on for a very long time. We have strong local knowledge and a proud, 15-year history serving communities across the US. Now we are doubling down on our investment,” Peter Neale, Orikan CEO.