TIBA Parking Acquires Signature Controls Systems


TIBA Parking Acquires Signature Controls Systems

TIBA Parking has acquired Ohio-based Signature Control Systems, a leading integrator of TIBA Parking systems. Jon Bowsher has been appointed as the new president of TIBA North America.

TIBA, a market leader in innovative parking solutions in North America, has exhibited extraordinary growth in past several years, and is aiming to increase its market presence with the acquisition of Signature Control Systems. TIBA’s exceptional growth and success will be fortified by the addition of Signature Control Systems, offering even greater operational excellence to partners and customers. Together, TIBA Parking and Signature Control Systems will expand geographically and target additional market segments.

Signature Control Systems, specializing in the distribution, installation and support of vehicle Access Control Systems, Parking Access and Revenue Control Systems (PARCS) has been successful in many vertical markets. Recent significant wins by Signature Control Systems, as a TIBA Parking partner, include major U.S. airports, hotel chains, municipalities and some of the U.S. largest universities. Signature Control Systems will continue to operate autonomously as a TIBA Parking reseller.

“TIBA’s acquisition of SCS was a move toward increasing our already impressive growth. The exceptional service and operational excellence of SCS combined with TIBA’s superior equipment and technology means we are now even better positioned to serve our current and future customers.” said Moshe David, TIBA Parking CEO. “I am also happy to welcome Jon Bowsher to our executive team. I am confident that his experience and management style will lead us to substantial success.”

“The entire SCS team is thrilled for the opportunity to join the rapidly growing TIBA organization.  I am confident that the SCS focus on the customer, combined with the manufacturing and technology excellence of TIBA, will provide an unmatched solution in the marketplace.” says Jon Bowsher, President, TIBA Parking North America and former CEO Signature Controls Systems. “I am honored to have been chosen to lead TIBA in the US. TIBA is ahead of the market in technology and execution, and together we will undoubtedly impact our customers’ satisfaction.” Jon added.

Article contributed by the Parking PT team.
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