JustPark, a parking technology platform, has announced its acquisition of Oobeo, a startup specializing in valet, permit management, and contactless parking software. The acquisition is a key part of JustPark’s growth strategy in North America.
Oobeo’s technology is designed to reduce fraud and provide seamless, on-demand parking solutions. Over 6 million users already use the company’s mobile-first platform.
By combining Oobeo’s platform with JustPark’s existing network, the company aims to offer more cost-effective and scalable parking technology to a broader range of clients, including municipalities, real estate developers, and institutions like universities. This move will enhance JustPark’s ability to provide innovative products across the fragmented mobility ecosystem.
KEY QUOTES:
“As cities grow and evolve, so will the demand for everyday parking products that are fit for the smartphone generation. Oobeo has all the right ingredients and talent to help us continue innovating our product suite. We have known Mitch for several years and have consistently been impressed by his work ethic and exceptional leadership. We’re excited to join forces and bring faster, smarter parking to even more destinations across North America.”
Charley DeBow, Managing Director of North America at JustPark
“Just like our team at Oobeo, JustPark has built a thriving business by removing universal pain points in parking and empowering venues to deliver profitable, best-in-class visitor experiences. With a shared mission and a joint approach, there is a lot more we can achieve in bringing the parking industry to the forefront of innovation and helping it stay ahead of evolving commercial and operational challenges.”
Mitch Carter – who joins JustPark as General Manager-Commercial Solutions and will be instrumental in scaling the company’s U.S. footprint
