TIBA Parking Systems Overview
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. Their technology is aimed at improving the efficiency of parking processes, from vehicle entry to exit, emphasizing reliability and ease of maintenance.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
FAAC Acquires TIBA Parking Systems
FAAC has acquired TIBA Parking Systems for $135 million, solidifying its position as the leader in the North American market for parking management systems. The acquisition allows FAAC to strengthen its presence in the largest and most profitable market in the world. TIBA group, a leading international company in turnkey parking management systems, has achieved a leadership position in the North American market with over 20% market share and is expected to close 2020 with over $60 million in turnover. The transaction, financed in part by FAACs own means and in part by leverage, is the largest in FAACs history from a financial point of view. The closing of the transaction is expected by mid-January 2021.
Acquisition
N/A
E37: An Interview with Moshe David of TIBA Parking and a Conversation about Engaged Parking Experience - The Parking Podcast
The article features an interview with Moshe David, CEO of TIBA Parking, discussing TIBA, Engaged Parking Experience, and Parking Technology.
growth-positive
Allina Health Selects TIBA Parking Systems
Allina Health has selected TIBA Parking Systems as their parking technology partner for its Minneapolis and St. Paul Campuses. TIBA will create and install a comprehensive parking technology suite to manage multiple Parking Ramps and Surface Lots. The agreement also calls for TIBA to provide support and service of the equipment. TIBA will install state-of-the-art parking equipment and provide SmartPark Facility Management Software for hourly, daily, and event parking. TIBAs services for Allina Health include Luum Parking Integration, a multi-campus PARCS System, a scalable solution, and a License Plate Recognition solution.
Partners
growth-positive
Port Everglades Selects TIBA Parking Systems to Create an Engaged Parking Experience at the Cruise Terminal Facilities
TIBA Parking Systems has been awarded a partnership with Broward County, Florida to provide parking technology for Port Everglades. TIBA will install a comprehensive parking technology suite to manage multiple Cruise Terminal Parking Facilities. The agreement also includes support and servicing of the equipment through 2025. TIBA will make a significant investment in opening a direct office in South Florida to support Port Everglades. The partnership aims to provide the most advanced, user-friendly parking technology for Cruise travelers.
Partners
growth-positive
Trinitas Regional Medical Center Implements TIBA Parking Solution
Trinitas Regional Medical Center has implemented TIBA Parking Systems smart technology to efficiently manage parking operations and prioritize customer service. The technology includes automated parking equipment, smart management software, and a web-based eValidation program. The solution has been successfully operating since January 2020. TIBA Parking Systems provides innovative hardware and software solutions for the parking market, focusing on reliability, user-friendliness, and cost-effectiveness. Precision Technology Solutions specializes in the design, installation, and support of parking equipment and access control systems.
Customers
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Acquired |
| Rounds | 1 |
| Investors | 1 |
Team Members
3
Employees: 51-200
Web & Social Links
| Website | tibaparking.com |
| Careers | Careers page |
Locations
Hamefalsim Street 17, Petah Tikva, Israel
Columbus, OH, USA
Photos & Videos
3 item(s)
