SP Plus Corporation is an American provider of parking facility management services.
It is a provider of parking, baggage handling, ground transportation, facility maintenance, event logistics, and security services across the United States and Canada.
[2] It is wholly owned by Metropolis Technologies, Inc.[3] Standard Parking began in 1929 in Chicago, Illinois, where it was operated by David and Benjamin Warshauer as a family owned and controlled business.
In October 2023, Metropolis Technologies, an artificial intelligence company that uses computer vision to enable checkout-free payment, agreed to acquire SP Plus Corporation for $1.5 billion.
[9] With the completion of the transaction, SP Plus shares no longer trade on the Nasdaq Global Select Market.