US parking technology start-up ParkJockey is scaling up its business by acquiring two parking operators. The Miami-based start-up has used help from Abu Dhabi-based Mubadala Capital and debt financing from Owl Rock, to acquire Imperial Parking Corporation, a North American-based parking management company often referred to as Impark.
The agreement follows ParkJockey’s acquisition of parking management operator Citizens Parking. In December, Japan’s SoftBank also made an investment...
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