FLASH Acquires OmniPark to Unlock Revenue Opportunities for Ungated and Gated Parking Real Estate
Acquisition creates a no-risk, enforceable 21st century parking solution for asset owners and operators to modernize parking assets and capitalize on the economic comeback.
July 15, 2021 (Austin, TX and Spokane, WA) – FLASH, the leader in flexible technology solutions for urban real estate, acquired OmniPark. This acquisition furthers FLASH’s mission of delivering parking solutions for every parking type. When OmniPark’s enforcement technology is paired with FLASH’s mobile-based payment products, asset owners and parking operators can deploy a fully digital parking solution for ungated parking assets.
“Our customers are seeing parking occupancy and drive-up rates surpassing pre-COVID levels, which presents value-creation opportunities for highly flexible real estate to transform via 21st century parking solutions,” states Dan Sharplin, CEO and Executive Chairman of FLASH. “The acquisition of OmniPark, best known for its cloud-based, fully integrated enforcement technology, when combined with our Scan-to-pay product or a kiosk provides a no-risk, enforceable surface lot solution to help asset owners unlock sizable revenue.”
Built by parking veterans, OmniPark’s parking software solutions provide over 3,000 ungated and gated locations the ability to efficiently manage permits, enforcement, vehicle inventory, and more. OmniPark delivers access to real-time data and actionable insights enabling their customers to respond quickly in today’s rapidly changing mobility landscape.
“Parking is a game of permissions, and today’s asset owners and parking operators must have the ability to digitally control access and enforce when parkers don’t follow those permissions,” said Kevin Uhlenhaker, CEO of OmniPark. “I couldn’t be more thrilled about the acquisition, which allows us to continue to serve our customers, while also enriching FLASH’s digital platform with a suite of enforcement and permitting solutions, which are critical for key verticals like municipalities, airports, and universities.”
“Kevin Uhlenhaker and the OmniPark team bring a wealth of parking knowledge to FLASH, which we will absolutely leverage for the good of our customers, especially as we continue to build out our touchless, enforceable surface lot solution at scale,” explained Sharplin. “With this acquisition every bit of the fully digital parking puzzle is now complete.”
FLASH is dedicated to the success of OmniPark’s existing customers, who now have access to FLASH’s always-on support team. For current OmniPark customers, pricing and service will remain unchanged.
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About Flash
FLASH is an innovator in the urban mobility space, helping businesses rethink one of their most valuable assets: the parking garage. Our award-winning cloud-born platform is custom configurable, secure, reliable, and grows alongside you as business or consumer demands evolve. Visit www.flashparking.com to learn more.
Media Contacts:
Rob Duda
Peppercomm for FLASH
Senior Vice President, Automotive & Transportation Strategist
Mobile: 908-347-1243
rduda@peppercomm.com
Karin Maake
FLASH
Senior Director of Brand & Communications
Cell: 512-750-0123
karin.maake@flashparking.com
