M&A Deal Summary

FlashParking Acquires Arrive

On January 5, 2021, FlashParking acquired internet software and services company Arrive

Acquisition Highlights
  • This is FlashParking’s 1st transaction in the Internet Software and Services sector.
  • This is FlashParking’s 1st transaction in the United States.
  • This is FlashParking’s 1st transaction in Illinois.

M&A Deal Summary
Date 2021-01-05
Target Arrive
Sector Internet Software and Services
Buyer(s) FlashParking
Deal Type Merger

Target

Arrive

Chicago, Illinois, United States
Arrive is a web and mobile based application that enables users to find and reserve parking space. Arrive was founded in 2006 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

FlashParking

Austin, Texas, United States
Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

FlashParking is the largest cloud-native parking technology platform and provides industry-leading digital and physical infrastructure. This platform creates seamless customer experiences and increases ROI while also connecting thousands of operators and asset owners with a real-time marketplace for digital mobility. FlashParking was founded in 2011 and is based in Austin, Texas.

DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Merger) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-27 Ticketech International

Long Island City, New York, United States

Ticketech International provides software and hardware point-of-sale systems to valet-based parking garage operators. Ticketech International was established in 1972 and is based in Long Island City, New York.

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