{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAoMbm-ooJDA","lastupdate":"2024-02-07T00:00:00.000Z","update_date":"2024-02-07T00:00:00.000Z","lastModified":"Sep 21, 2024","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"tiba-parking-systems","minimal_profile":null,"status":"Acquired","fullstatus":"Acquired by FAAC on Dec, 2020","acquired":1,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$9an6dwfzRDUUah8Fs5IEoZ3doR1sgrUFI8P6eCRcka9URWaupujw2K","name":"TIBA Parking Systems","oneliner":"Access and Revenue Control Systems for Parking Management","registrar":"511113870","website":"https://tibaparking.com","careerspage":"https://tibaparking.com/careers","founded_month":1,"founded_year":1995,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/TIBAParking","youtube":"https://www.youtube.com/channel/UCItYQLxyEwty6YLAwFThEJg","facebook":"https://www.facebook.com/tibaparkingsystems","linkedin":"https://www.linkedin.com/company/6409945","instagram":""},"social":["https://www.youtube.com/channel/UCItYQLxyEwty6YLAwFThEJg","https://www.facebook.com/tibaparkingsystems","https://www.linkedin.com/company/6409945","https://twitter.com/TIBAParking"],"flattenedsociallinks":"https://www.youtube.com/channel/UCItYQLxyEwty6YLAwFThEJg|https://www.facebook.com/tibaparkingsystems|https://www.linkedin.com/company/6409945|https://twitter.com/TIBAParking","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"51-200","employees_exact":101,"patent":0,"raised":0,"stage":"Acquired","public_stage":"Acquired","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Iee18sKDA","primary_sector":"Automotive & Mobility Technologies","alternativenames":[""],"about":"TIBA Parking Systems offers solutions for parking management, integrating hardware, software, and cloud technologies to streamline operations in various settings, such as airports and hospitals. 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The partnership aims to provide the most advanced, user-friendly parking technology for Cruise travelers.","partners":["Broward County, Florida"],"customers":null,"investors":null,"confidence":8,"key_topics":["Parking technology","Partnership","Software solutions","Parking access control","License Plate Recognition"],"date_of_event":"Monday, April 20, 2020","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"eneBHYnd32eUWPQ6sqbNfUacwBxAkqDuyiK9Eu5Nfv7ey0ntUQ76GW","news_summary":"Port Everglades Selects TIBA Parking Systems to Create an Engaged Parking Experience at the Cruise Terminal Facilities","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"042e4893-f0a0-4c0f-8e99-017edb9e0861","date":"Mar 5, 2020","link":"https://www.parking-net.com/parking-news/tiba-parking-systems/trinitas-regional-medical-center-implements-parking-solution","source":"www.parking-net.com","visible":1,"analysis":{"tags":"smart parking technology","company":"Trinitas Regional Medical Center","layoffs":null,"summary":"Trinitas Regional Medical Center has implemented TIBA Parking Systems smart technology to efficiently manage parking operations and prioritize customer service. 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The installation includes four facilities at the airport and involves various parking solutions. The project aims to provide the best possible parking experience for airport patrons. Installation begins in December 2019.","partners":"Associated Time Instruments","customers":null,"investors":null,"confidence":8,"key_topics":["TIBA Parking","Tulsa Airport","Engaged Parking Experience","Associated Time Instruments","TIBA Parking Systems"],"date_of_event":"December 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"fzu8jrHkFh7TGLbxbWVyrLOLEGLcTOvaMNQXVRBhuXrV1rvxvMThaM","news_summary":"TIBA Parking to be Installed in 20 Lanes at Tulsa Airport - ParkNews","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ca3c990c-47e2-4c29-b268-00c19a131135","date":"Aug 12, 2019","link":"https://www.parking-net.com/parking-news/tiba-parking-systems/access-and-revenue-control-equipment-greenville","source":"www.parking-net.com","visible":1,"analysis":{"tags":"parking systems","company":"TIBA Parking Systems","layoffs":null,"summary":"The City of Greenville has selected TIBA Parking Systems to provide PARCS equipment for its 11 city-owned garages and one surface lot. TIBAs comprehensive solution, including hardware, software, LPR technology, and a mobile application, aligns with the Citys objectives of improving functionality and customer experience. The project will also include License Plate Recognition, Access Credentials, IP Based Intercom, full-service pay and credit only lanes, and offline validations and Smart Sticker Parker Program. The Citys parking operation is fully owned and managed by the city and is customer service-centric. The decision to replace the outdated system was primarily technology-driven. TIBA Parking Systems provides innovative hardware and software solutions for the parking market.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["City of Greenville","PARCS equipment","customer service","hardware and software solutions","parking facilities"],"date_of_event":"August 12, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"cCIGJoATlwBMSKolQah7x0I0mqqYEq8CYr1B5gv9Gbiwnlh9G76BOF","news_summary":"TIBA Parking Systems is Selected to Install Access and Revenue Control Equipment in 11 Parking Facilities Across the City of Greenville","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"1d9e218d-5ec3-4d1a-8bc5-76cd498c8e74","date":"Oct 29, 2017","link":"https://www.reviewjournal.com/business/casinos-gaming/caesars-to-start-charging-nevadans-to-park-at-7-las-vegas-properties/","source":"www.reviewjournal.com","visible":1,"analysis":{"tags":"parking fees","company":"Caesars Entertainment Corp.","layoffs":null,"summary":"Caesars Entertainment Corp. will start charging Nevada residents for self-parking at seven Las Vegas properties. The new pricing is intended to improve the parking experience for guests and Total Rewards loyalty program members. The company has noticed an uptick in people coming to their properties only to park, limiting the availability of self-parking for actual customers. Last spring, Caesars Entertainment started charging for self-parking at several properties and now plans to charge for parking at Harrah’s, The Cromwell, and Flamingo.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["parking fees","Nevada residents","Total Rewards loyalty program","parking availability","paid self-parking"],"date_of_event":"October 27, 2017","valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"5am1WxBrGP7Gvle5FlLZnjdttBSN5Zxp1U0AnEn1r1yGGrqTbHXqMs","news_summary":"Caesars to start charging Nevadans to park at 7 Las Vegas properties","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"91b58898-548c-459b-9b0c-5822cd3500d9","date":"Jun 24, 2016","link":"https://atlantajewishtimes.timesofisrael.com/israeli-company-tiba-parking-systems/","source":"atlantajewishtimes.timesofisrael.com","visible":1,"analysis":{"tags":"parking systems","company":"TIBA Parking Systems","layoffs":null,"summary":"TIBA Parking Systems, an Israeli-based company that develops and manufactures hardware and software for parking access and revenue control systems, has landed a $500 million deal with Israeli private equity fund Tene Investment Funds. The investment will be used to accelerate growth through research and development of new products and services. TIBAs long-term strategy includes exploring acquisitions to facilitate further growth. The company recently underwent management changes, with Moshe David being named CEO of the whole company in February. Former CEO Erez Ezra and CEO for the Americas Michael Bigbee have left the company.","partners":null,"customers":null,"investors":"Tene Investment Funds","confidence":9,"key_topics":["TIBA Parking Systems","Israeli-based","investment","acquisition","CEO"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$500 million","structured_issues":["Investment","Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"roYWWAvPF3IrsTDpyiJLrZpZGsY9yizvHn6mjKsjeZZuilh19nYjKS","news_summary":"Israeli Company: TIBA Parking Systems","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"1effcd37-e070-4f13-bb2c-abd328210a40","date":"Jul 27, 2015","link":"https://blog.parknews.biz/2015/07/tiba-parking-systems-announces-new-investment/","source":"blog.parknews.biz","visible":1,"analysis":{"tags":"investment","company":"TIBA Parking Systems","layoffs":null,"summary":"TIBA Parking Systems has announced a significant milestone in its growth with a new investment from Tene Investment Funds. 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