FLASH, the chief in versatile expertise options for city actual property, acquired Parkonect. This acquisition empowers actual property house owners with wider entry to Twenty first-century parking expertise that matches wherever their asset is alongside its digital transformation and mobility growth.
Parkonect and FLASH are the one cloud-born, mobile-first parking expertise corporations delivering Parking Entry and Income Management that constantly add new options and third-party integrations with over-the-air updates. Each corporations assist properties thrive in at present’s quickly shifting mobility ecosystem by facilitating connectivity and mobility in parking property through real-time intelligence and digital commerce instruments.
“FLASH is dedicated to deploying expertise that empowers actual property house owners to unlock the complete worth of their city actual property, and that features property with legacy infrastructure in addition to these seeking to modernize their parking methods,” says Dan Sharplin, Govt Chairman and CEO of FLASH. “The acquisition of Parkonect lets the business know that we imagine entry to versatile, agile parking options, it doesn’t matter what PARCS system is within the floor, is important for differentiating your asset in extremely aggressive city core markets.”
“When Parkonect launched ten years in the past, we got down to create an IoT, cloud-based platform that augmented the present parking expertise layer. As an actual property developer, I knew first-hand how worthwhile this strategy was to the standard rip-and-replace mannequin,” mentioned Harlan Karp, CEO and founding father of Parkonect. “Our future-ready system allowed asset house owners to take a comparatively risk-free step in the direction of modernization, whereas proving out their funding. With FLASH, I sit up for persevering with to ship world-class options that enable asset house owners to make lasting enhancements to asset worth.”
Parkonect will proceed to advance its distinct product line and roadmap providing each Parkonect and FLASH prospects extra choices for Twenty first-century parking and asset administration options. For present Parkonect prospects, pricing and repair will stay unchanged.
Karp continues, “We’re thrilled to be part of FLASH’s rising model as a result of we will give attention to our ardour – clear up parking’s best challenges – with the added advantages of their world-class operations, gross sales and advertising groups.”
Peppercomm for FLASH
Senior Vice President, Automotive & Transportation Strategist
FLASH is an innovator within the city mobility house, serving to companies rethink one in all their most dear property: the parking storage. Our award-winning cloud-born platform is customized