Acquiring Company
Smart Parking Limited
Acquired Company
American Auto Parks
Sydney
United StatesSoftwareTransportationDescription
Smart Parking Limited has acquired American Auto Parks LLC for $17.2 million. This acquisition aims to enhance Smart Parking's operations in the US market by leveraging its proprietary technology. The deal is expected to contribute positively to Smart Parking's growth strategy. Financial backing for the acquisition has been partially secured through existing debt facilities.
Don't miss Smart Parking Limited's next move
Get an email the moment Smart Parking Limited makes an acquisition, hires an exec, or expands — usually minutes after it happens.
One email per event. Unsubscribe anytime.
M&A Insights
Based on deal dataFrequently asked
Who acquired American Auto Parks?
American Auto Parks was acquired by Smart Parking Limited, based in Sydney. The deal was reported on August 17, 2026. Smart Parking Limited is a leading provider of parking technology solutions. The company focuses on enhancing parking management through proprietary software and AI. Smart Parking Limited is privately held and operates in Software.
When did Smart Parking Limited acquire American Auto Parks?
Smart Parking Limited's acquisition of American Auto Parks was reported on August 17, 2026. Smart Parking Limited has acquired American Auto Parks LLC for $17.2 million. This acquisition aims to enhance Smart Parking's operations in the US market by leveraging its proprietary technology. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does American Auto Parks do?
American Auto Parks LLC, also known as American Parking, operates in the parking management sector. The company is focused on providing innovative parking solutions in various locations. It is privately held, operating in Transportation, and is based in United States.