Smart Parking Expands into Denmark
Smart Parking, the leading provider of parking technology and services, is continuing its growth trajectory by expanding its operations into Denmark.
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 has acquired the parking management contracts and assets from Local Parking Security Limited.
Acquisition overview:
Smart Parking Limited (ASX:SPZ) is pleased to announce the acquisition of the parking management assets of Local Parking Security Limited (LPS). LPS, founded in 1999, manages over 120 sites with a mix of ANPR technology and manual operations.
The 126 sites under LPS management will be added to the Smart Parking portfolio and integrated into the Smart Parking technology platform, SmartCloud, offering synergies in supply chain, processing, and account management. This acquisition offers great opportunities to deliver sustainable technology solutions to the LPS customers which will also drive client satisfaction for both the landowner and the motorist.
CEO | Smart Parking
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.
Smart Parking, one of NZ's leading car park operators announces its 30th anniversary in the parking business.