While drivers everywhere look for a place to park, Dallas-based ParkHub aims to help them out by pulling into a new brand identity of its own. It's now known as JustPark, sharing the same name as the U.K. company it merged with across the pond.
ParkHub said it will incorporate ElimiWait’s innovative valet management tools—including Valet Mate, a contactless, paperless end-to-end mobile valet solution, and a Request Ahead platform—into its suite of offerings.
Based in London, Lina Margolin will play a key role in supporting the ambitious growth goals of both ParkHub and JustPark after the companies merged earlier this year.
Writing recently in Forbes as a member of the Forbes Business Council, Baker offered some insights into how to start a business, based on his own journey at Dallas-based ParkHub.
The merger will create a full-service parking software and payments solution for customers across North America and the U.K. Together, ParkHub and JustPark serve more than 20 million drivers and more than 500 B2B customers, representing more than $1 billion in booking volume.
Roofer.com relocated its HQ from San Francisco to Arlington after acquiring Arlington-based Bearded Brothers Roofing & Restoration in 2022. The startup uses "advanced AI algorithms and drone technology" to conduct roof scans, capturing high-res photographs, which are then analyzed using computer vision. Now the company plans "aggressive growth" with a goal of being "the next Airbnb"—of roofing.
The Dallas-based parking tech firm's innovative hardware and software will be used to manage the soccer club's parking operations and streamline payment processing for ticket sales, merchandise, and food and beverage sales. The technology will also support the FC Dallas youth soccer program.
Two months after acquiring Fuzse, a payment processing integrator, Dallas-based ParkHub has scooped up Smarking to broaden its product suite and expand into new end markets. Founded in 2014, San Francisco-based Smarking is a SaaS-based solution that enables customers across North America to effectively manage their parking assets through access to real-time data and analytics.
In this week’s North Texas deal flow, you’ll also find news about Taysha Gene Therapies landing a $50M investment; music tech startup MAX’s Series B raise; Dallas Venture Capital’s latest investment; Tyler Technologies’ $68M acquisition of Rapid Financial Solutions; NaturalShrimp hitting the Nasdaq Capital Market; and more.
“Achieving triple-digit growth isn’t easy. It takes vision and execution, boldness and grit," Baker writes in an article in Forbes. "You can’t talk your way into that kind of growth. You have to put the work in, stay united in adversity, lick the occasional wounds of failure, and keep taking risks to find those successes that lie at the intersection of technologies and trends in the marketplace."
What makes growth even harder is when "seasons of change" hit businesses and founders alike, he adds, offering some insights into how he and Parkhub have dealt with them.
The companies will be honored October 27 at the Tech Titans Awards Gala. The list honors the fastest-growing tech companies in North Texas based on three-year revenue growth from 2020 to 2022.
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from the cities of Dallas and Plano, the North Texas Commission, TPG, ParkHub, Vistra, CyrusOne, Van’s Kitchen, ROBOAMP, and more.
Dallas-based ParkHub—which manages parking operations and payments for businesses, municipalities, and venues like AT&T Stadium and American Airlines Center, while delivering analytics and insights—has acquired Dallas payment processing integrator Fuzse for an undisclosed amount. It's the latest in a string of deals struck by ParkHub.
The move comes after ParkHub raised around $100 million in January in a growth investment round aimed at driving "complementary acquisition opportunities."
Plus, bidding war looms for Dallas-based Signify Health; Fort Worth-based Harvest Returns raises $780K for new fund; Dallas property consulting firm Masterplan is acquired by New York company; Washington D.C. PE firm adds to its Fort Worth architectural platform; Pharos Capital sells stake in diagnostic testing company; and more North Texas deals.
The local parking technology company has acquired Dallas-based Bonfire, which specializes in campground management software, to expand its portfolio of enterprise solutions to support campground and RV park operations.
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
The role of the chief information officer (CIO) is undergoing another significant transformation. No longer limited to overseeing systems and operations, today’s CIO is a central strategic partner, guiding businesses through rapid technological and operational change....
Autonomous electric shuttle startup Mozee is linking its expanding fleet to a secure communications network with help from a fellow North Texas tech company.
Mozee’s road-legal, 12-passenger electric vehicles aim to close the first- and last-mile transit gap that’s dogged dense urban zones for decades....
TPG, a global alternative asset management firm based in Fort Worth and San Francisco, has completed its previously announced acquisition of hospitality technology provider Hospitality Solutions from Southlake-based Sabre (Nasdaq: SABR) for $1.1 billion in cash....
OhmBody—a newly launched “science-forward” women’s wellness division of Dallas-based Spark Biomedical—has released the first wearable device for menstrual care that combines vagus and trigeminal nerve stimulation to provide holistic support for disruptive periods....
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
The role of the chief information officer (CIO) is undergoing another significant transformation. No longer limited to overseeing systems and operations, today’s CIO is a central strategic partner, guiding businesses through rapid technological and operational change....
Autonomous electric shuttle startup Mozee is linking its expanding fleet to a secure communications network with help from a fellow North Texas tech company.
Mozee’s road-legal, 12-passenger electric vehicles aim to close the first- and last-mile transit gap that’s dogged dense urban zones for decades....
TPG, a global alternative asset management firm based in Fort Worth and San Francisco, has completed its previously announced acquisition of hospitality technology provider Hospitality Solutions from Southlake-based Sabre (Nasdaq: SABR) for $1.1 billion in cash....
OhmBody—a newly launched “science-forward” women’s wellness division of Dallas-based Spark Biomedical—has released the first wearable device for menstrual care that combines vagus and trigeminal nerve stimulation to provide holistic support for disruptive periods....