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SP Plus Corporation is an American provider of parking facility management services. It is a provider of parking, baggage handling, ground transportation, facility maintenance, event logistics, and security services across the United States and Canada. [1] Until December 2013, it was known as Standard Parking Corporation.
Shareholders of SP Plus will receive $54 per share, representing a premium of 52.5% over the stock's closing price on Wednesday. The offer price values SP Plus at $1.06 billion.
In 2023, the company raised $1.8 billion in funding, led by investors Eldridge and 3L, [12] before its $1.5 billion acquisition of SP Plus Corporation. [13] The deal was completed in 2024, taking SP Plus private. [14] This merger made it the largest parking operator in North America. [15]
SP Plus Corporation ( NASDAQ:SP ), is not the largest company out there, but it saw a significant share price rise of...
SP Plus (SP) delivered earnings and revenue surprises of 5.26% and 6.42%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
SP Plus Corporation (NASDAQ:SP), which is in the commercial services business, and is based in United States, received...
SP Plus Corporation, an American company that provides parking lot services; See also. SP (disambiguation) This page was last edited on 20 ...
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