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SP Plus Corporation is an American provider of parking facility management services. It is a provider of parking, baggage handling, ground transportation, facility maintenance, event logistics, and security services across the United States and Canada. [1] Until December 2013, it was known as Standard Parking Corporation.
In 2023, the company raised $1.8 billion in funding, led by investors Eldridge and 3L, [12] before its $1.5 billion acquisition of SP Plus Corporation. [13] The deal was completed in 2024, taking SP Plus private. [14] This merger made it the largest parking operator in North America. [15]
Parking technology provider Metropolis Technologies Inc on Thursday agreed to buy SP Plus Corp, which provides parking facility management services, for $1.5 billion, including debt. To finance ...
SP Plus Corporation ( NASDAQ:SP ), is not the largest company out there, but it saw a significant share price rise of...
The bank was a financial advisor for Metropolis Technologies' $1.5 billion acquisition of SP Plus Corporation in 2023. [7] It has acquired a minority stake in Auberge Hotels. [8] In October 2024, the bank was part of a group of investors that acquired a majority stake in food manufacturer Badia Spices. [9]
SP Plus Corporation (NASDAQ:SP), which is in the commercial services business, and is based in United States, received...
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