Tuesday, March 7, 2017

Spacer acquires Roost to grow its peer-to-peer parking empire

Australian peer-to-peer car parking marketplace Spacer has acquired U.S.-based Roost, which provides the same services stateside from its San Francisco-based headquarters. It’s a move that lets Spacer make its entry into the U.S. market without having to establish its own office and start from scratch.

The deal will include rebranding all of Roost’s existing U.S. service offerings under the Spacer name, and Roost CEO Jonathan Gillon will also be departing the company to focus on building new companies as part of the deal. The plan is to expand Roost’s U.S. operations to SF, Chicago and Washington, D.C. as Spacer’s initial

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source http://www.omnipopmag.com/2017/03/07/spacer-acquires-roost-to-grow-its-peer-to-peer-parking-empire/

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