Smart Parking acquires LPS (Local Parking Security Ltd)
Smart Parking, the leading provider of parking technology and services, has today announced the acquisition of LPS (Local Parking Security) and expands its market position in the UK.
After launching in January 2022, our expansion into Germany continues at pace, with new sites being won and installed.
Thanks to our vast experience in technology driven parking services, and a highly skilled sales team, Smart Parking have been busy growing our market share across the country in a short space of time.
With good management, and a keen project focus, the most recent site in Berlin was installed and live within one week after customer sign up – a lead time that’s way ahead of the competition.
Germany is just the latest country in our expansion of managed services, with the ANPR model being established in 2021 in New Zealand and Australia respectively. These three key territories complement our UK operation, where we have been running our technology focused managed services division for over 10 years.
Emil Strobl, Managing Director | Smart Parking Germany
Smart Parking, the leading provider of parking technology and services, has today announced the acquisition of LPS (Local Parking Security) and expands its market position in the UK.
Smart Parking, the leading provider of parking technology and services, is continuing its growth trajectory by expanding its operations into Denmark.
Smart Parking are delighted with our progress in FY23, delivering record results in a challenging macro environment, and are looking forward to delivering continued growth and strong results in FY24.