Spacer Technologies Acquires WhereiPark to Monetise Existing Assets in Sharing Economy.

MANews-(C)2009-2022

Australia-based Spacer Technologies, powering alternate asset marketplaces in Australia and North America, has acquired Toronto-based monthly parking marketplace Where I Park Inc. to monetise assets in sharing economy, the company said.

The cash and stock deal was completed on April 30, 2022.

Terms were not disclosed.

Spacer Technologies powers household brands in the parking and self-storage verticals. Spacer works with brand name REITs, hotels, commercial and residential property owners to...

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