SP Plus

Chicago, United States Founded: 1929 • Age: 97 yrs Listed Acquired By Metropolis
Provider of paking lot management services
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About SP Plus

SP Plus is a company based in Chicago (United States) founded in 1929, and was acquired by Metropolis in October 2023. Provider of paking lot management services. The company has 38 employees. SP Plus has completed 3 acquisitions, including Bags, KMP Associates and KMP Digitata. Its website spplus.com draws about 75 thousand monthly visits. Its Indian entity Metropolis Technologies India Private Limited reported revenue of ₹24.91 Cr. SP Plus offers products and services including Potatoes and Grain Marketing.

Company details

SP Plus was founded in 1929 and is headquartered in Chicago, United States. Operations focus on the parking management sector, where services for parking lots and facilities are delivered across the US and Canada. Multiple parking lots are owned and operated directly. Shuttle services connecting these facilities to nearby airports are also managed, supporting transportation needs in urban and airport-adjacent areas.

Key Metrics
  • Indian entity revenue
    ₹24.91 Cr

    FY 2025 · +31% YoY

  • Indian entity net profit
    ₹2.73 Cr

    FY 2025 · 11% margin

  • Indian entity EBITDA
    ₹3.75 Cr

    FY 2025 · 15% margin

  • Investors
    Metropolis

    & 1 more

  • Employee Count
    38
  • Investments & Acquisitions
    Bags

    & 2 more

  • Acquired by
    Metropolis

    (Oct 2023)

Products & Services of SP Plus

SP Plus offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing.

Potatoes
Agricultural Products

Potatoes are farmed and sold for food and industrial uses

Grain Marketing
Marketing Services

Grains are promoted and distributed from farms

Funding Insights of SP Plus

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of SP Plus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2007Private Equity Round––
Kohlberg & Company
Valuation history

2 investors in total: 2 institutional.

Investors in SP Plus

SP Plus has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Metropolis and Kohlberg & Company.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Kohlberg & Company
Private equity investment firm focused on buyouts
kohlberg.comMount Kisco, United States
Metropolis
End-to-end parking management solutions are provided via an AI-enabled platform.
2017metropolis.ioLos Angeles, United States
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Investor details for SP Plus

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Metropolis Technologies India Private Limited (SP Plus)

Metropolis Technologies India Private Limited is the primary company behind SP Plus. The board of Metropolis Technologies India Private Limited currently have 3 directors; the longest-serving is Paul Matthew Rooney, appointed in 2024. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Paul Matthew Rooney
DIN 10821743
Director29 Oct 20241 yr 11 moMetropolis Technologies India Private Limited
Jessica Lynn Noglows
DIN 10825593
Director06 Nov 20241 yr 11 moMetropolis Technologies India Private Limited
Sunija Rishi
DIN 02861471
Director19 Mar 20251 yr 7 moMetropolis Technologies India Private Limited

People of SP Plus

197 people are tracked at SP Plus (94 in leadership, 103 in team); the tracked headcount is 38.

NameRoleGroup
Mitch Grant
Director Of Business DevelopmentLeadership
Pallavi Patel
Director, Fp&aLeadership
Stacy H.
Customer Service Department Head | SP Plus / Metropolis (parkatl – Atlanta Airport)Leadership
Samuel Hamilton
Vp, Head Of Corporate Development & StrategyLeadership
Robert Basquin
Area Director At MetropolisLeadership
Mark Sadler
Vice President Of Product ManagementLeadership
Alexander Israel
Co-Founder & CEOLeadership
Steven Berger
Director Of Partner Strategy & ExpansionLeadership
Ari Propper
Head Of DevelopmentLeadership
Bill Burns
Regional Vice President, Sales And DeploymentLeadership
Tim Sydlo
Director, CompensationLeadership
Courtney Fukuda
Co-Founder & Chief Administrative OfficerLeadership
Peter Fisher
Co-Founder & CCOLeadership
Vadim Alony
Vice President Of Sales APAC And EMEALeadership
Brian Levang
Operations DirectorLeadership
Charles Stephens
Senior Vice President Operations, Center Of ExcellenceLeadership
Todd Shipway
Senior Director Of Technical OperationsLeadership
Ping Lieu
Director Of Operations, NortheastLeadership
John-Paul Sukker
Chief People OfficerLeadership
Dan Reed
Director Of AccountingLeadership

177 more people are available in the full profile.

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Complete people profiles for SP Plus

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of SP Plus

Figures of Metropolis Technologies India Private Limited, the primary company behind SP Plus, for FY 2025. Revenue was ₹24.91 Cr (+31% year on year). Net profit was ₹2.73 Cr (11% margin). EBITDA was ₹3.75 Cr (15% margin).

  • ₹24.91 CrRevenue · FY 2025 · +31% YoY
  • ₹2.73 CrNet profit · 11% margin
  • ₹3.75 CrEBITDA · 15% margin
  • ₹1.1 LakhPaid-up capital
  • 38Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Metropolis Technologies India Private Limited are on its company page.

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Detailed financial statements for SP Plus

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Investments & Acquisitions by SP Plus

SP Plus has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bags, KMP Associates and KMP Digitata.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
KMP Associates
Diversified management consulting services are provided to various clients.
kmpassociatesuk.comHornchurch, United Kingdom2009Oct 2022••••
KMP Digitata
Digital experiences and airport-specific software solutions are developed.
kmp.co.ukStockport, United Kingdom1991Oct 2022••••
Bags
Travel services are operated from Orlando since 1990.
bagsinc.comOrlando, United States1990Oct 2018$275M
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Complete acquisition details for SP Plus

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of SP Plus

7 dated milestones of SP Plus across 94 years, from founding to its latest funding, stage changes and deals.

  1. Founded SP Plus is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round.
  4. Acquisition Acquires Bags.
  5. Acquisition Acquires KMP Digitata.
  6. Acquisition Acquires KMP Associates.
  7. Exit Acquired by Metropolis.

Web traffic of SP Plus

The website of SP Plus (spplus.com) receives about 75.3K visits a month.

  • Monthly visits
    75.3K

    ▲ 31.3% vs previous month

Similar websites

Websites whose visitors overlap most with SP Plus. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
standardparking.com
standardparking.com
100%
#5,432,981–
SpotHero
spothero.com
99%
3.4M#11,956View details
Central Parking
centralparking.com
92%
View details
lazfly.com
lazfly.com
84%
#559,918–
ParkMe
parkme.com
84%
275.7K#185,166View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 25 similar websites and full traffic analytics for SP Plus

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 25 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Related news about Sp Plus

SP Plus Corporation’s Acquisition of Assets of Divrt
Globallegalchronicle • 3 years ago
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Complete news archive for SP Plus

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Frequently Asked Questions about SP Plus

SP Plus was founded in 1929 and raised its 1st funding round 78 years after it was founded.

SP Plus is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

SP Plus has 38 employees.

The primary company behind SP Plus, Metropolis Technologies India Private Limited, reported revenue of ₹24.91 Cr for FY 2025, up 31% year on year.

SP Plus was founded in 1929 and is headquartered in Chicago, United States. Operations focus on the parking management sector, where services for parking lots and facilities are delivered across the US and Canada. Multiple parking lots are owned and operated directly. Shuttle services connecting these facilities to nearby airports are also managed, supporting transportation needs in urban and airport-adjacent areas.

SP Plus offers Potatoes and Grain Marketing.

SP Plus has made 3 acquisitions, including Bags, KMP Associates, and KMP Digitata.

SP Plus has 2 investors. Key investors include Metropolis, and Kohlberg & Company.

SP Plus operates through Metropolis Technologies India Private Limited.

Yes. SP Plus was acquired by Metropolis in October 2023.

The legal entities of SP Plus currently have 3 directors, including Sunija Rishi, Paul Matthew Rooney, Jessica Lynn Noglows.

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