137:, Illinois, where it was operated by David and Benjamin Warshauer as a family owned and controlled business. The business operated under the corporate name of Standard Parking Corporation from 1981 until 1995, at which time it was reconstituted as a limited partnership named Standard Parking, L.P. March 1998, Standard Parking merged with APCOA, Inc., forming APCOA/Standard Parking, Inc.
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In July 2009, Standard
Parking acquired the assets of Gameday Management Group, which plans the operation of transportation and parking systems, primarily for major stadium and sporting events and whose Click and Park service offers traffic demand management and pre-paid parking services. In October
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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. Until December 2013, it was known as Standard Parking Corporation.
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transaction, SP Plus shares no longer trade on the Nasdaq Global Select Market. The company continues to operate as a founder-led and founder-controlled, private company. Metropolis CEO Alex Israel stated that the acquisition will allow
Metropolis to expand its reach in the North American market.
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In
October 2023, Metropolis Technologies, an artificial intelligence company that uses computer vision to enable checkout-free payment, agreed to acquire SP Plus Corporation for $ 1.5 billion. Metropolis completed the acquisition on May 16, 2024, taking SP Plus private. With the completion of the
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The company employs more than 26,000 people to manage 4,200 parking facility locations, as well as parking and shuttle bus operations at 75 airports. It is wholly owned by
Metropolis Technologies, Inc.
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In April 2003, APCOA/Standard
Parking, Inc. changed its corporate name to Standard Parking Corporation. In June 2004, Standard Parking completed its
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2012, Standard
Parking completed the acquisition of Central Parking, effectively doubling the size of the company.
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385:"Metropolis Closes $ 1.8 Billion Financing and Completes Transformational Take-Private of SP Plus Corporation"
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193:"SP+ Awarded Comprehensive Parking Management and Transportation Master Services Agreement with Premier"
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In
December 2013, the company rebranded to SP Plus Corporation and changed its NASDAQ ticker symbol to
352:"Metropolis Technologies expands Nashville 'co-headquarters' after $ 1.5 billion purchase of SP Plus"
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Sweet spot won't last; Standard
Parking's shares are on a tear, but stock's ascent may begin to idle
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under the symbol STAN, and raising $ 54 million in gross proceeds from the offering.
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326:"Metropolis Technologies, Inc. to Acquire SP Plus Corporation for $ 1.5 Billion"
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Standard
Parking Corporation Completes Merger With Central Parking Corporation
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236:"Parking platform Metropolis agrees to buy SP Plus for $ 1.5 billion"
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409:"Metropolis, Eyeing Growth, Closes $ 1.5B Deal for Parking Company"
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Standard Parking Buys Central Parking for $ 135M in Cash, Stock
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Funding Universe Company History: Holberg Industries, Inc.
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10 Floors for Parking Planned On Top of a Chicago Church
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Standard Parking Corporation Unveils New Brand Identity
261:"COMPANY NEWS; APCOA AND STANDARD PARKING PLAN MERGER"
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COMPANY NEWS; APCOA AND STANDARD PARKING PLAN MERGER
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303:Standard Parking merger with Central Parking
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523:Companies formerly listed on the Nasdaq
458:Cost of downtown parking 'skyrocketing'
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447:Standard Parking to merge with Apcoa
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491:Standard Parking 2009 Annual Report
441:IPO Watch: The cost of going public
191:Corporation, SP Plus (2019-07-24).
73:Acquired by Metropolis Technologies
528:Announced mergers and acquisitions
508:Private equity portfolio companies
133:Standard Parking began in 1929 in
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370:"How AI is disrupting parking"
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111:Metropolis Technologies, Inc.
65:1929 (Standard), 1947 (APCOA)
413:Los Angeles Business Journal
37:Standard Parking Corporation
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518:Companies based in Chicago
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16:American parking company
437:, New York Times, 1990.
197:GlobeNewswire News Room
142:initial public offering
443:. Red Herring, 2004.
356:www.bizjournals.com
118:SP Plus Corporation
97:Number of employees
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20:SP Plus Corporation
473:2012-10-26 at the
389:www.prnewswire.com
265:The New York Times
513:Parking companies
462:Chicago Sun Times
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78:Headquarters
42:Company type
502:Categories
394:2024-05-28
336:October 8,
278:2024-08-12
246:2023-10-05
202:2019-08-16
179:References
82:Aon Center
273:0362-4331
471:Archived
167:See also
52:Industry
34:Formerly
464:, 2008.
431:, 1998.
240:Reuters
135:Chicago
129:History
62:Founded
56:Parking
46:Private
493:, 2010
487:, 2006
481:, 2002
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146:Nasdaq
107:Parent
101:26,000
338:2023
269:ISSN
70:Fate
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157:SP
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