Charlotte-based Passport announced Tuesday it has acquired NuPark Inc., a Cedar Park, Texas-based parking management company. Passport, a parking payments solutions company, declined to provide details of the transaction. It estimates one in three vehicles in the United States is accounted for in the combined network, solidifying Passport's spot as a top provider in the industry. NuPark specializes in license plate recognition technology, which allows for parking enforcement and permitting. It…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2018/10/09/how-new-acquisition-will-impact-charlotte-based.html?ana=RSS&s=article_search
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