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  6. SpotHero Acquires Rover Parking

M&A Deal Summary

SpotHero Acquires Rover Parking

On September 10, 2020, SpotHero acquired internet software and services company Rover Parking

Acquisition Highlights
  • This is SpotHero’s 2nd transaction in the Internet Software and Services sector.
  • This is SpotHero’s 1st transaction in Canada.
  • This is SpotHero’s 1st transaction in Ontario.

M&A Deal Summary
Date 2020-09-10
Target Rover Parking
Sector Internet Software and Services
Buyer(s) SpotHero
Deal Type Add-on Acquisition

Target

Rover Parking

Toronto, Ontario, Canada
Rover Parking, Inc. consumer parking app in Canada with thousands of parking locations in Toronto, Calgary, Montreal and more. Rover Parking is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

SpotHero

Chicago, Illinois, United States
Category Company
Founded 2011
Sector Business Services
DESCRIPTION

SpotHero, Inc. is a provider of parking reservation service, empowers drivers with easy parking at thousands of garages, lots, and valets in major cities across the U.S. SpotHero was formed in 2011 and is based in Chicago, Illinois.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-13 Parking Panda

Baltimore, Maryland, United States

Parking Panda Corp. is a provider of an online platform to search and compare all available parking options and prices at thousands of parking lots and garages in 40 cities in real-time. Parking Panda was formed in 2011 and is based in Baltimore, Maryland.

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