1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. New York >
  6. FlashParking Acquires Ticketech International

M&A Deal Summary

FlashParking Acquires Ticketech International

On April 27, 2022, FlashParking acquired software company Ticketech International from Plexus Capital

Acquisition Highlights
  • This is FlashParking’s 1st transaction in the Software sector.
  • This is FlashParking’s 2nd transaction in the United States.
  • This is FlashParking’s 1st transaction in New York.

M&A Deal Summary
Date 2022-04-27
Target Ticketech International
Sector Software
Buyer(s) FlashParking
Sellers(s) Plexus Capital
Deal Type Add-on Acquisition

Target

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.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

FlashParking

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

FlashParking is the 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 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 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.

Buy -

Seller(S) 1

SELLER

Plexus Capital

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1995
PE ASSETS 2.2B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Plexus Capital is a private equity firm that invests in buyouts, acquisitions, recapitalizations and growth financings in the form of junior and/or equity capital. Plexus focuses on lower middle-market businesses located in the Mid-Atlantic and Southeast areas of the US. The Firm looks for businesses companies in the business services, consumer services, manufacturing, value-added distribution, and healthcare sectors with up to $2 to $15 million of cash-flow. Plexus Capital was formed in 1995 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 38 of 44
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 22 of 23
State: New York M&A 2 of 2
Country: United States M&A 38 of 44
Year: 2022 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 LightRiver

Concord, California, United States

LightRiver is a provider of optical, data, and switching products and services for cloud data centers, government, enterprise, and utility sectors. LightRiver was founded in 1998 and is based in Concord, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-19 QC Ally

Irvine, California, United States

QC Ally is a provider of software and end-to-end quality control, specialty audit, compliance, and reporting services for mortgage and consumer lenders and servicers. QC Ally is based in Irvine, California.

Buy -
Mergr

Solution for

Product

Company

Legal