EasyPark Group has finalized the acquisition of United Kingdom-based Parkopedia. While financial details were not disclosed, the deal brings together two tech parking companies who have collaborated for the past 10 years.
Each of the companies brings its own parking expertise. In Parkopedia’s case, it offers advanced in-car data and payment technology for parking, EV charging, fueling and tolling. For EasyPark Group’s part, it also provides digital payments across parking systems, digital platforms and in-car solutions, the company said.
“Parkopedia’s in-car data integration and payment technology, coupled with our digital parking solutions and on-street parking equipment, allows us to address the entire driver experience,” said Cameron Clayton, EasyPark Group CEO, in a statement.
Parkopedia’s expertise in indoor parking garage mapping is also a solid reason to acquire the up and coming parking vendor. The companies also say the data insights acquired by the companies also shape mobility and transportation policies in urban areas.
In other company news, Parkopedia and AWT Bavaria Ukraine, in conjunction with BMW AG, have completed the integration of 4,272 Ukrainian charge points into selected BMW models and the MyBMW app. The new partnership allows AWT Bavaria Ukraine and Parkopedia to ensure transition to EVs in this emerging market, the company said.
