SoftBank backs ParkJockey
Miami-based ParkJockey, a parking technology solutions provider, has secured funding from the SoftBank Group. Also, ParkJockey and Mubadala Capital have acquired Atlanta-based Citizens Parking Inc, a parking management operator. And, both ParkJockey and Mubadala have agreed to acquire Imperial Parking Corporation, a parking management company in North America, from a subsidiary of Ontario Teachers' Pension Plan. No financial terms were disclosed. The Impark deal is expected to close in the first half of 2019.
10 December 2018•4 mins read
