Business Wire

Parking Guidance Systems Announces Global Merger With INDECT and ParkZen

11.9.2025 14:03:00 CEST | Business Wire | Press release

Share

Parking Guidance Systems, LLC (PGS), the U.S. leader in custom parking technologies, has announced a strategic merger with INDECT Electronics & Distribution GmbH (INDECT) and ParkZen. As the lead company in the merger, PGS is expanding beyond its U.S. base to deliver comprehensive parking solutions internationally. The combined business brings together INDECT’s world-class hardware, ParkZen’s agile software, and PGS’s proven execution in large-scale deployments, establishing the industry’s most complete parking technology company.

Since its founding 12 years ago, PGS has built a reputation for exceptional service, cutting-edge innovation, and a focus on client satisfaction. PGS has installed some of the largest parking guidance systems in the United States and has gained a reputation for its efficient design, installation, and support services. The backbone of PGS’s service offering has been INDECT’s parking guidance solutions, particularly its sonic and optical sensors. INDECT's parking sensor technology stands as the current benchmark of innovation and precision in the industry. Its Ultrasonic Mini Sensors offer proven single-space detection accuracy, while Upsolut camera sensors combine reliable multi-space monitoring, video stream capture, and license plate recognition to provide enhanced efficiency, security, and parking occupancy analytics. PGS has been INDECT’s largest channel partner in the United States since PGS’s founding. This acquisition offers the combined company an opportunity to streamline supply chain, accelerate new product development, and build partnerships around the world that replicate the PGS/INDECT partnership that has worked so well in the United States.

The portfolio of PGS solutions is also elevated by its recent acquisition of ParkZen, a parking intelligence software development company based in Baton Rouge, Louisiana. ParkZen’s pioneering smartphone app leverages crowdsourcing and proprietary algorithms to deliver real-time data and parking software intelligence that empowers parking operators to make better decisions for their operations and to provide parkers with real-time availability — with or without hardware. The platform also streamlines payment processing and offers advanced permission management tools for owners and permit holders, creating a frictionless and powerful offering. Prior to the acquisition, PGS had partnered with ParkZen on a number of projects in the United States, including user wayfinding apps as well as lot management software.

These acquisitions represent an invaluable vertical integration for PGS and showcase the company's continuing commitment to deliver innovative, technology-driven parking solutions for a wide range of industries, including airports, mixed-use developments, universities, corporate campuses, health care facilities, and other high-traffic destinations that rely on parking signage and wayfinding.

“With this merger, we’re asking operators everywhere to reconsider what their parking systems can achieve,” said Derek Frantz, CEO of PGS. “PGS is leading the way in redefining parking as a revenue generator rather than a cost center. By bringing together INDECT’s precision hardware, ParkZen’s intelligent software, and PGS’s proven track record in delivering complex parking solutions, we can provide robust, integrated systems tailored to the needs of operators worldwide — enabling them to maximize efficiency, improve the user experience, and unlock new financial value from their parking assets.”

Today, with INDECT and ParkZen as core components of its operations, PGS is more capable than ever of offering revenue optimization, safety, and convenience across the parking industry.

About Parking Guidance Systems, Inc.

Parking Guidance Systems (PGS) delivers advanced parking garage technology solutions built on a proven track record of successful large-scale deployments. Since 2013, PGS has partnered with airports, healthcare systems, universities, corporate campuses, and mixed-use developments to transform parking from a cost center into a source of revenue and customer satisfaction. Its portfolio includes industry-leading parking guidance systems, license plate recognition software, parking analytics, and digital parking signage and wayfinding. With more than 347 systems installed, monitoring nearly 600,000 spaces in the U.S., and new opportunities extending internationally, PGS continues to set the standard for innovative, reliable, and customer-focused parking solutions. Learn more at parkingguidancesystems.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250908581978/en/

Contacts

Felicia Perez
felicia@farpublicrelations.com
(832) 222-2101
1811 First Oaks St, Suite 100 Richmond, TX 77406

About Business Wire

Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation

Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release

Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private

Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding

Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår

V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release

V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust

Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release

Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo

World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye