TIBA Parking Systems to Acquire Texas-based PARCS Value-Added Reseller, Associated Time Instruments
Leading Parking and Mobility Technology Company Strengthens Presence in the Southern U.S. with Acquisition of Longtime TIBA Reseller Partner
Tuesday, February 23, 2021 8:29 AM
TIBA Parking Systems, the North American Leader in parking and mobility technology, and part of the FAAC Group family of companies, announced today that it has agreed to acquire the Parking Access and Revenue Control System (PARCS) portion of the Dallas, Texas-based, Associated Time Instruments (ATI). ATI has been serving its customers for over 60 years and has been a top TIBA Valued Added Reseller for TIBA equipment and technology for the last 4 years. ATI operates in the Southern U.S. markets including Texas, Louisiana, Oklahoma, Arkansas, and New Mexico.
REEF Technology and TIBA Parking Systems Partner to Create a Powerful Data-Driven Platform for Parking Operators and Landlords
REEF Technology and TIBA Parking Systems Join Forces, Transforming Traditional Parking Business into Tech-Enabled Ecosystem with New Revenue Streams
Friday, January 29, 2021 9:59 AM
REEF Technology, the ecosystem that connects the world to your block, announced today a partnership with TIBA Parking Systems, a leader in parking technology. This collaboration will revolutionize the way landlords and operators will monetize their parking real estate. Through the partnership, REEF and TIBA will provide parking operators and landlords with a best-in-class PARCS system (Parking Access and Revenue Control System) paired with built-in access to REEF’s ecosystem of applications and additional revenue sources. This allows for traditional parking lots to create new revenue streams by transforming isolated parking facilities to connected and dynamic mobility hubs t