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Company profile: Parkit

1.1 - Company Overview

Parkit Logo

Parkit

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of payment processing and management software for the parking industry, automating and simplifying monotonous tasks that consume time and resources each month so parking lot operators can focus on more important aspects of their business; flagship product is a monthly parking portal.

Products and services

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Key contacts

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Financial details

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1.2 - Competitors and similar companies to Parkit

Direct Commerce Logo

Direct Commerce

HQ: United States Website
  • Description: Provider of a paperless source-to-pay SaaS platform for B2B companies, enabling invoice automation and e-invoicing (EDI, XML, CSV and custom formats), a supplier portal for submission, tracking and communication, automated dispute resolution, workflow automation for approvals and reviews, and EDI integration for large-scale processing.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Direct Commerce company profile →
Heeros Logo

Heeros

HQ: Finland Website
  • Description: Provider of cloud-based financial administration solutions: purchase invoice processing; sales invoicing with accounts receivable and bank connections; project management and billing for small and medium-sized businesses with mobile app and calendar sync; basic HR for training, skills, absences and vacations; payroll with income register notifications and vacation calculations; and a digital archive for invoices, bank statements and reports.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Heeros company profile →
Clarus R&D Logo

Clarus R&D

HQ: United States Website
  • Description: Provider of R&D tax credit technology and services, including a software platform to identify, document, and calculate credits with IRS compliance; tailored services for startups (up to $500,000/year payroll offset), growth businesses (monetize against income tax), enterprises (in-house studies, audit-ready docs), tax practitioners, and Employee Retention Tax Credit (ERTC) claims.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Clarus R&D company profile →
Payt Logo

Payt

HQ: The Netherlands Website
  • Description: Provider of cloud-based accounts receivable management software for debtor management and collection, automating processes to improve payment behavior and reduce outstanding debts. Offers tailored solutions for accountants, automotive, childcare, dental care, and education to speed invoice payments, enhance cash flow, and save time and costs, including reduced factoring costs for dental practices.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Payt company profile →
Directo Logo

Directo

HQ: United States Website
  • Description: Provider of customized prepaid payment and pay card programs, delivering domestic paycard solutions for corporate clients including financial institutions, professional employment organizations, staffing firms, agricultural businesses, and payroll providers.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Directo company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Parkit

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Buyer group 1: ████████ ████████

●● companies
Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Parkit

2.2 - Growth funds investing in similar companies to Parkit

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4 - Top valuation comps for Parkit

4.2 - Public trading comparable groups for Parkit

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4.3 - M&A Transactions similar to Parkit

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Parkit

What does Parkit do?

Parkit is a provider of payment processing and management software for the parking industry, automating and simplifying monotonous tasks that consume time and resources each month so parking lot operators can focus on more important aspects of their business; flagship product is a monthly parking portal.

Who are Parkit's competitors?

Parkit's competitors and similar companies include Direct Commerce, Heeros, Clarus R&D, Payt, and Directo.

Where is Parkit headquartered?

Parkit is headquartered in United States.

How many employees does Parkit have?

Parkit has 1,000 employees 🔒.

When was Parkit founded?

Parkit was founded in 2010 🔒.

What sector and industry vertical is Parkit in?

Parkit is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Parkit

Who are the top strategic acquirers in Parkit's sector and industry

Top strategic M&A buyers and acquirers in Parkit's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Parkit?

Top strategic M&A buyers groups and sectors for Parkit include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Parkit's sector and industry vertical

Which are the top PE firms investing in Parkit's sector and industry vertical?

Top PE firms investing in Parkit's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Parkit's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Parkit's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Parkit's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Parkit include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Parkit's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Parkit?

The key public trading comparables and valuation benchmarks for Parkit include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Parkit for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Parkit with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Parkit's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Parkit with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Parkit's' sector and industry vertical?

Access recent funding rounds and capital raises in Parkit's sector and industry vertical including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors and valuations.

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