/ SpotHero To Acquire Rover Parking To Expand Canadian Footprint SPOTHERO announced the signing of an agreement to acquire Rover Parking, a leading consumer parking app in Canada. This acquisition accelerates SpotHero’s market leadership position in North America, helping the company gain access to thousands of parking locations across Canada. The deal is expected to close in the fourth quarter of 2020. “We’re excited to welcome Rover’s team, parking partners and customers,” says SpotHero founder and CEO Mark Lawrence. “This acquisition will expand our team and parking inventory in Canada at a time when more people are choosing a personal car as their preferred mode of transportation.” Rover Parking was founded in Toronto by CEO Tim Wootton, Andrew Holbrook, and Grant Brigden in 2014 as a peer-to-peer
parking marketplace. The company has since grown into servicing B2B and commercial facilities across several cities including Toronto, Calgary, and Montreal. “Rover Parking is thrilled to continue our journey as members of the SpotHero team,” says Wootton. “We look forward to increasing revenue for our existing parking partners and further expanding SpotHero’s presence in the commercial parking market in Canada.” After the closing of the acquisition, Wootton will become Head of Canada and the Toronto-based team will run SpotHero’s commercial supply business across the country. This announcement follows a new SpotHero partnership with one of Canada’s leading commercial parking operators Target Park, a partnership with Toronto Pearson Airport and a $50 million Series D fundraising round in August 2019.
Dave Ryan Named President, COO, of Walker Consultants
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WALKER CONSULTANTS’ Board of Directors has named Dave Ryan, PE, as president and chief operating officer. In his new position, Ryan will be responsible for the implementation and execution of the strategies and activities required to achieve the company’s operations’ objectives. He will additionally continue his role as managing director of the central region. “Dave brings a strong background in the wide range of services that Walker offers and leadership qualities that will take the company to the next level” says John Bushman, Chairman and CEO. Ryan has a bachelor’s degree in civil engineering from the University of Illinois and over 22 years of experience in the industry working with clients in the public and private sectors.
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PARKING-MOBILITY.ORG / OCTOBER 2020 / PARKING & MOBILITY 53
