Hi Parking

Seoul, South Korea Founded: 2007 • Age: 19 yrs Acquired By VIG Partners
Hardware and software for parking lot management are provided.
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Report Incorrect Data
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Hi Parking

Hi Parking is a company based in Seoul (South Korea) founded in 2007 was acquired by VIG Partners in April 2016. Hi Parking has completed 1 acquisition, including Wilson Parking. Hi Parking offers products and services including Turu PARKING, Turu VALET+, and Turu CARE. Hi Parking operates in a competitive market with competitors including Arrive, Parkhub, FlashParking, Metropolis and REEF, among others.

  • Headquarter Seoul, South Korea
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Hi Parking Co., Ltd.
  • Jurisdiction Na, Maharashtra, India
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    VIG Partners
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Wilson Parking

  • Acquired by
    VIG Partners

    (Apr 20, 2016)

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Products & Services of Hi Parking

Hi Parking offers a comprehensive portfolio of products and services, including Turu PARKING, Turu VALET+, and Turu CARE.

Primary

App-based system for smart parking and vehicle management services.

Premium parking assistance at airports for convenient vehicle handling.

Vehicle and facility cleaning tailored to customer needs.

Funding Insights of Hi Parking

Investors in Hi Parking

Hi Parking has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include VIG Partners.

All
Venture Fund
Investor Description Founded Year Domain Location
VIG Partners
Private equity fund focused on buyouts
Founded Year Domain Location

Investments & Acquisitions by Hi Parking

Hi Parking has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Wilson Parking.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Wilson Parking
Provider of car and other motor vehicles parking services
0

Financial Statements - Hi Parking

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Competitors of Hi Parking

Hi Parking operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Arrive, Parkhub, FlashParking, Metropolis and REEF, among others.

Company Name Domain Founded year HQ Location Description
Arrive
domain founded_year HQ Location
Tech-enabled platform for parking and mobility management solutions is provided.
Parkhub
domain founded_year HQ Location
Provider of comprehensive parking management solutions
FlashParking
domain founded_year HQ Location
Parking management systems are delivered via SaaS-enabled hardware and software.
Metropolis
domain founded_year HQ Location
End-to-end parking management solutions are provided via an AI-enabled platform.
REEF
domain founded_year HQ Location
REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
T2 Systems
domain founded_year HQ Location
Parking management solutions for events and venues are provided.

Latest news on Hi Parking

VIG secures 3.2x return on Korea's HiParking
Avcj • 6 years ago
S Korean PE firm VIG Partners acquires Wilson Parking Korea
Dealstreetasia • 7 years ago

Frequently Asked Questions about Hi Parking

Hi Parking was founded in 2007.

Hi Parking is headquartered in Seoul, South Korea.

Robin Park is the current CEO of Hi Parking.

Hi Parking was founded in 2007 in Seoul, South Korea, and operates within the parking solutions sector. Hardware such as ticket generators and access control systems is supplied, along with software for integration. Installation services are offered to parking lots, enabling efficient management operations across facilities in the region.

Hi Parking's top competitors include Arrive, Parkhub and Metropolis.

Hi Parking offers Turu PARKING, Turu VALET+, and Turu CARE.

Hi Parking has made 1 acquisition, including Wilson Parking.

Hi Parking has 1 investor. Key investors include VIG Partners.

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