The Verra Mobility Corporation, a smart mobility technology solutions provider, appointed Lin Bo as senior vice president of T2 Systems, a Verra Mobility company that specializes in parking management technology and services. Bo will report to David Roberts, Verra Mobility’s president and chief executive officer (CEO). Most recently, Bo served as general manager of FG Clean Wipes and Whirl-Pak at Filtration Group, a global provider of filtration solutions. Before joining Filtration Group, she spent 9 years at the Danaher Corporation, a global conglomerate operating across the industrial, life science, and diagnostics sectors. Bo succeeds Adam Blake, who led T2 Systems for nearly 10 years.
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Verra Mobility also appointed Harshad Kharche as senior vice president of business transformation. Kharche previously served as vice president of integrations for the Facilities and Asset Lifecycle group at the industrial technology conglomerate Fortive. He will report to Verra Mobility’s president and CEO David Roberts.
Flash, a provider of parking and electric vehicle (EV) charging solutions, received a $60 million investment from the venture finance firm TriplePoint Capital. Terms of the transaction were not disclosed. Separately, Flash secured $85 million in debt financing to form a new special purpose vehicle designed to offer clients an expanded range of flexible payment options. Provided by the independent specialist infrastructure credit fund Vantage Infrastructure, the funding can be increased up to $100 million.
Flash also announced the full U.S. release of reservable parking transactions in Waze that Flash developed in collaboration with the navigation app. When drivers enter their destinations in Waze, the app now suggests nearby reservable parking locations and provides details for selecting their preferred parking location such as cost, amenities, wheelchair accessibility, and valet options. Drivers can reserve and pay for the parking location they choose, and Waze will route them to the selected parking destination where they can access the parking facility with a digital pass.
National truck parking operators We Realize Inc. and StoreMyTruck.com announced a pending merger that will make the combined entities the largest truck parking operator in the world. Realize operates 13 truck parking lots in Georgia, Mississippi, Nevada, Tennessee, and Texas. StoreMyTruck has 71 locations across Alabama, Georgia, North Carolina, Oklahoma, South Carolina, and Texas. The companies expect to have more than 200 sites in their joint portfolio by the end of 2024.
RISETEK Global, a smart city and smart parking custom solutions provider, has partnered with the parking management companies PCI Municipal Services and One Parking to offer its suite of smart parking technology solutions for an on-street/off-street beach parking project in Volusia County, Florida. The new program will facilitate an enhanced customer-centric parking experience for Volusia County residents and visitors.
The automaker the BMW Group and connected car services provider Parkopedia have collaborated to enable customers in Germany to pay digitally for parking and fuel from their vehicles. BMW customers can also pay parking fees directly in the vehicle across 12 European countries, with more to follow.
The City of Rochester, New York, partnered with the curbside management and urban mobility solutions provider the Flowbird Group to upgrade its parking system. The city is replacing aging multi-space pay stations with Flowbird’s CWT Pay-by-Plate Smart Parking Kiosks. Additionally, the city is now offering two modernized digital payment options, the Flowbird mobile payment app and pay by text.
Seven One Seven Parking Enterprises, a provider of innovative parking, mobility, and hospitality services, acquired what it called a “significant portfolio of commercial parking management and hospitality locations in Nashville, Tennessee.” The acquisition increases the company’s total number of locations to more than 350 nationwide and adds more than 10,000 parking spaces to its portfolio.
Parking operator Nationwide Parking Services added four Denver, Colorado, parking lots to its portfolio by means of a partnership with Paradise Land Company, a commercial real estate development company with properties throughout Denver's Commercial Business District.
Get My Parking (GMP), a provider of interoperable smart parking solutions, announced the appointment of Geremy Rodamer as Vice President, North America. Before joining GMP, Rodamer worked in software sales and product development roles at Parking Revenue Recovery Services and TEZ Technology.
Parking and hospitality solutions provider Towne Park acquired a majority stake in Unified Parking Partners (UPP), a parking management company headquartered in Portland, Maine. As part of the transaction, UPP Founder and CEO Daniel McNutt will continue to lead UPP, which has more than 280 locations supported by more than 500 employees, with significant operations along the Eastern Seaboard, particularly in New England and Florida. Financial terms of the transaction were not disclosed.
Invisible Urban Charging (IUC), a provider of EV charging-as-a-service solutions, announced a strategic partnership with parking operations and investment platform Hudson Valley Parking Trust to deploy a network of 5,000 EV chargers across New York City.
New York City Mayor Eric Adams announced that the city won a $15 million federal grant from the U.S. Department of Transportation’s Charging and Fueling Infrastructure Grant Program to build the nation’s largest curbside EV charging program. The city will use the funding to install 600 level 2 chargers along streets across the five boroughs, with more than half of those chargers designated for disadvantaged and low-income neighborhoods. The city also will build 32 solar-powered charging ports at eight different city parks.
INRIX, Inc., a provider of transportation data and analytics services, unveiled a new cloud-based analytics tool to manage curb space more effectively and efficiently. INRIX IQ Curb Analytics digitizes and visualizes the curbside to help cities maximize accessibility, availability, revenue, and safety for people driving, walking, and riding on micromobility devices.
Callaway Hudson Partners — a partnership between Hudson Valley Parking Trust and Callaway Capital Management, LLC — acquired Platinum Parking, a parking services and management company that is based in Dallas, Texas, and has approximately 300 locations.
Nuvve Holding Corp., a provider of vehicle-to-grid technology, and WISE EV, a provider of sustainable energy solutions, have partnered to bring EV charging to more than 100 high-traffic locations across United States.
The global parking tech company EasyPark Group and the European parking service provider Q-Park extended their strategic partnership. EasyPark users can now use the EasyPark app in more than 100 Q-Park parking facilities in Germany. Separately, Q-Park announced that the investment group Interogo Holding acquired a 12.25% stake in Q-Park from the company's existing shareholders.
ParkMobile, a provider of smart parking and mobility solutions in North America and part of EasyPark Group, is partnering with the University of Tennessee, Knoxville, to bring its digital parking payment platform to more than 900 parking spaces across campus.
Alabama A&M University (AAMU) partnered with Clutch!, an online marketplace for gameday parking and tailgating, to offer gameday parking for AAMU football games at Louis Crews Stadium. The Clutch! parking app will be used for the purchase, transfer, and redemption of digital parking passes at lots around the AAMU campus.
The Parkway Corporation, a real estate developer, investor, and operator, acquired a 37-space surface lot in Charlotte, North Carolina; a 69-space surface lot in Kansas City, Missouri; and two contiguous surface lots totaling 110 spaces in Fort Worth, Texas. A Parkway affiliate, Parkway U.S. Land Carry Fund I, LP, completed the acquisitions. These transactions increase the fund's holdings to 12 locations as part of its national strategy and add to a portfolio of assets that includes properties in Richmond, Virginia; New Orleans; Tampa, Florida; Philadelphia; Tulsa, Oklahoma; and Chattanooga, Tennessee.
Global technology services provider DXC Technology partnered with PKO Bank Polski, the largest bank in Poland, to deliver a new functionality in its mobile banking app called IKO, which enables Polish users to quickly pay for parking from their own vehicles. The solution, one of the first of its kind available in Poland, enables drivers to pay for parking through the in-vehicle infotainment dashboard once the system is linked to the app.
PSX, Inc., a provider of parking access and revenue control systems in North America, is now an authorized dealer for parking technology provider Amano McGann, Inc., in the Washington, D.C., Maryland, and Northern Virginia markets.
Smart parking company Japa, Inc., partnered with Premier Medical University in San Francisco to provide a more manageable, streamlined parking process for students, faculty, healthcare professionals, and visitors.
Frogparking, a provider of parking management solutions, launched its new global parking app, which is now live and available for download on Google Play and the Apple App Store. Key features include pay-per-minute parking, user notifications when parking is about to expire, and cashless payment options through Apple Pay, Google Pay, and all major credit cards.
EVaaS Solutions, a provider of EV charging solutions, announced its rebranding as XLR8 America. The company also announced the issuance of a $20.7 million purchase order as part of a strategic alliance with DG Matrix, a provider of EV charging and microgrid solutions.
Zevtron, the smart EV charging software and hardware solutions provider, announced that Bob Stojanovic has joined the company as Board Advisor. Stojanovic is the chief commercial officer for DG Matrix, a provider of EV charging and microgrid solutions.
Access control solutions provider Allegion US announced a new integration with TagMaster North America (TMNA), a provider of intelligent vehicle identification solutions to enhance vehicle identification and tracking with a minimal hardware footprint. The collaboration combines Allegion’s Pure Access Cloud software and IP-Bridge hardware with TMNA’s edge-computing long-range radio-frequency identification reader and passive tags.
