AI-powered parking platform Metropolis today announced that it raised $1.7 billion to acquire SP Plus, a provider of parking facility management services.
that it raised $1.7 billion to acquire SP Plus, a provider of parking facility management services, in a combination of equity and debt.
"Today, we announced a transformational acquisition that represents both a new paradigm in how technology companies grow and a significant step forward in offering consumers a remarkable experience," Israel continued."SP Plus is a phenomenal business whose operational excellence, talented leadership team and high customer satisfaction levels have long made it a key partner to real estate owners across North America.
In SP Plus, Metropolis gains an established, publicly traded business with a massive parking footprint across the U.S. and Canada. SP Plus owns more than two million parking spaces and manages over 3,300 parking facility locations, as well as parking and shuttle bus operations at 160 airports. In recent years, Metropolis has stepped up investment on the analytics, sales and marketing side of the business, where it sees a large addressable market. For example, the startup -- which recently announced a team-up with-- uses insights from its platform to inform staffing, pricing and maintenance at parking facilities, also partnering with local businesses like grocery stores, coffee shops and other merchants for in-app promotions.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
My BookmarksYou thought your mind couldn’t be blown anymore? Introducing the Revlon One-Step Volumizer 2.0 PLUS. The PLUS is designed to give you one-step salon quality results…and then some! Dull strands won’t get a second thought from you again when you discover 75% shinier blowouts in up to half the time*. PLUS the revolutionary oval brush head touts a bold NEW size that’s versatile enough for all hair types gets closer to the root and unlocks even more style. The smaller 2.4” size creates even more volume from top to bottom and lets you blowout beyond – go classic or add flips soft waves and more. Ceramic Titanium Tourmaline technology works to do the most for your hair – less damage with 50% less heat exposure. PLUS a smooth glide for easy styling (no pulling pain) consistent drying and styling reduced frizz and silky shine and help sealing in moisture for oh so healthy-looking strands. And a longer-lasting motor for 40% longer life…let’s keep those blowouts coming! But that’s not all. Ready for more PLUS? OTHER FEATURES: Four heat/speed settings (low/med/high/cool) let you tailor your blowout to your hair type and styling needs. The PLUS is also travel \u0026 storage friendly with a fresh detachable design! Simply flip the easy-to-use release button detach the brush head from the handle and go. Take control of your blowouts with the brand-new slimmer \u0026 sleeker handle and experience greater styling control. PLUS new charcoal-infused nylon pins provide ultimate drying and styling. Easily detangle \u0026 refresh and tufted boar bristles gently grip smooth and add shine. PLUS that color combo is just easy-on-the eyes. Get ready to play with the plus! The Revlon Volumizers make life easier and styling bolder! The One Step Unit is designed for 120V USA outlets only we do not recommend use of a voltage adapter or converter as it will damage the unit. Note wattage will vary depending on the location of use.
Read more »
One-Punch Man Season 1 Streaming: Watch & Stream Online via Netflix & AMC PlusThe fascinating anime One-Punch Man Season 1 is now available on Netflix and AMC Plus. Learn how you can watch the show.
Read more »
Samsung TV Plus service is getting new Halloween-themed contentCosmin, a tech journalist with a career spanning over a decade, brings a wealth of experience to PhoneArena. His expertise lies in brands like Samsung and Nokia, and he has a keen interest in innovative technologies. After a brief stint in PR, Cosmin returned to tech journalism in 2016, committed to delivering clear and objective news. When he's not writing or appearing as a guest on TV and radio shows, Cosmin enjoys playing RPGs, watching Netflix, and nurturing his passion for history and travel.
Read more »
What Time Does Loki Season 2 Premiere on Disney Plus?Loki season 2 will finally stream on Disney+ on Thursday, October 5th.
Read more »