AI-powered parking platform Metropolis raises $1.7B to acquire SP Plus

TechCrunch
By Kyle WiggersOct 5, 2023, 10:16 am162 pts
AI-powered parking platform Metropolis today announced that it raised $1.7 billion to acquire SP Plus, a provider of parking facility management services, in a combination of equity and debt. Eldridge Capital and 3L capital co-led the tranche with participation from BDT & MSD Partners’ affiliated credit…

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