SpotHero Completes Acquisition of Rover Parking, Expanding Canadian Footprint

CHICAGO — OCTOBER 30, 2020 — SpotHero, the digital parking leader in North America, announced today it has closed the previously announced acquisition of Rover Parking. Terms of the deal were not disclosed.

Founded in 2011, SpotHero has been paving the way for millions of drivers to easily, safely and affordably find parking in over 7,000 parking facilities across 300 cities. As the top downloaded app for off-street parking in North America, SpotHero promotes easy parking for all, one spot at a time. 

The acquisition of Rover will accelerate SpotHero’s growth in Canada, with SpotHero’s Canadian inventory more than doubling following the acquisition in key markets such as Toronto. The Rover team will be joining SpotHero and will remain based in Toronto. 

“SpotHero and Rover are both deeply focused on making it easier, safer and more affordable for drivers to get where they are going,” said SpotHero Founder & CEO Mark Lawrence. “The addition of the Rover team will enable SpotHero to further that mission and offer drivers access to more spots than ever in Canada through the SpotHero platform.”

SpotHero will transition Rover’s parking inventory to the SpotHero platform.

About SpotHero

SpotHero is the digital parking leader and the largest place to buy and sell parking in North America. Millions of drivers use SpotHero’s mobile apps and website to find, book and access off-street parking in over 7,000 locations across 300 cities. Leading mobility companies use the SpotHero developer platform to power seamless parking at scale for fleets, connected cars and urban mobility solutions. For more information, visit SpotHero.com.

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CONTACT: Brooke Saharovici
press@spothero.com

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