FLASH (FlashParking) Acquires ParkIt

March 12, 2021

FLASH (FlashParking) acquired ParkIt, a cloud-based monthly parking management and accounts-receivable (AR) software solution, and integrated its platform into FlashOS as the Monthly Contract AR Module. The acquisition is a strategic technology move to automate invoicing, reporting and monthly contract parking workflows for parking operators, asset owners and valet services.

Buyers
FLASH (FlashParking)
Targets
ParkIt
Industry
Cloud & SaaS
Location
Colorado, United States
Transaction Type
Buyout

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