Add-on Acquisition • Software

SoftBank Acquires ParkJockey Global

On December 10, 2018, SoftBank acquired software company ParkJockey Global

Acquisition Context
  • This is SoftBank’s 2nd transaction in the Software sector.
  • This is SoftBank’s 10th transaction in the United States.
  • This is SoftBank’s 1st transaction in Florida.

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M&A Deal Summary

Date December 10, 2018
Target ParkJockey Global
Sector Software
Buyer(s) SoftBank
Deal Type Add-on Acquisition

Target Company

ParkJockey Global

Miami, Florida, United States
ParkJockey Global, Inc. is a fully-integrated parking revenue and access control startup that allows the real estate owners/operators to streamline parking operations using smart software and hardware technologies and data APIs. ParkJockey Global was formed in 2013 and is based in Miami, Florida.
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Buyer Overview 1

Buyer

SoftBank

Tokyo, Japan

Category Company
Founded 1981
Sector Diversified
Employees67,229
Revenue 7.24T JPY (2025)
DESCRIPTION

SoftBank is a diversified telecommunications and internet corporation, with operations in broadband, fixed-line telecommunications, e-commerce, Internet, broadmedia, technology services, finance, media and marketing, and other businesses. SoftBank was founded in 1981 and is based in Tokyo, Japan.


Deal Context for Buyer #
Overall 21 of 31
Sector: Software 2 of 4
Type: Add-on Acquisition 12 of 17
State: Florida 1 of 2
Country: United States 10 of 15
Year: 2018 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-24 Airtel Africa

Nairobi, Kenya

Airtel Africa is a telecom company that provides voice, data and mobile money services across 14 countries in Sub-Saharan Africa. Airtel Africa was founded in 2010 and is based in Nairobi, Kenya.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-10 Uber

San Francisco, California, United States

Uber develops, markets, and operates a mobile-app-based transportation network. Uber connects passengers with a variety of drivers for both personal and food delivery. Uber was formed in 2009 and is based in San Francisco, California.

Sell -