Flowbird today announces the acquisition of YourParkingSpace – the UK’s leading pre-book and subscription marketplace trusted by over 5m drivers.
Flowbird is a leading global provider of software, mobile apps, payments and hardware solutions for parking (“Smart Parking”) and transport ticketing and open payments (“Smart Transport”) for municipal and privately-owned car parking and public transport systems. In 2022 Flowbird will process 450M payments transactions for over 100M consumers around the world.
Flowbird’s digital solutions have significantly expanded over the last years thanks to significant R&D investments. Adding YourParkingSpace to the Flowbird group brings an additional dimension to Flowbird’s tech stack with their marketplace technology and UK consumer audience.
Bertrand Barthelemy, President of Flowbird group says, "With this strategic acquisition, Flowbird will benefit from YourParkingSpace’s experience in marketplace bookings. This will help with our goal to better support our mobile app community by providing them with advanced features – whether it be to simply book a parking space or to park and charge their electric vehicle. It is a win-win situation for all our stakeholders: motorists, cities and parking operator partners''.
For Harrison Woods, CEO of Your Parking Space "Joining Flowbird group is a fantastic opportunity to rapidly accelerate our aspirations through deploying our end to end digitally-led parking solution throughout Flowbird’s network globally. As the same entity we bring together the best on-street and off-street parking technology to create an unrivalled solution".
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As the global leader in urban mobility, Flowbird has been promoting a different vision of the smart city for over 50 years. By offering flexible transportation and parking solutions in 80 countries and 4,350 cities around the world, Flowbird deploys an optimized and unique offer to address the specific issues of each territory and make urban mobility simpler, multimodal and environmentally friendly. Flowbird in figures: 2021 revenues: €309 million 1,300 employees - 8 Flowbird offices worldwide - 100 million users
About YourParkingSpace Solutions
YourParkingSpace is the UK’s fastest growing parking technology provider, transforming isolated parking assets into connected mobility hubs whilst also operating the UK’s leading on- demand consumer parking marketplace. The business processes thousands of advance and on-demand parking reservations daily across the UK, generating over £80million for its clients to-date. Its 85,000 space providers range from individual driveway owners through to household names such as Premier Inn, Tesco and Morrisons. YourParkingSpace has been placed 86th in the Tech Track 100, the UK’s fastest growing technology companies, and 612th in the FT1000 annual list of Europe’s fastest-growing companies.