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Parking Guidance Systems Has Acquired ParkZen

  • Parking Guidance Systems , based in Texas, acquired ParkZen on April 21, 2025, according to a Houston report.
  • PGS and ParkZen had an existing commercial relationship to integrate ParkZen's AI parking software with PGS's hardware.
  • ParkZen, an AI-powered parking intelligence solution, was incubated at Louisiana State University and self-funded.
  • PGS CEO Derek Frantz said, "we're thrilled to welcome this innovative team" because their software complements INDECT hardware.
  • The acquisition provides PGS with ParkZen's technology and expands the customer base for integrated parking solutions.
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Parking Guidance Systems Has Acquired ParkZen

HOUSTON, April 21, 2025 /PRNewswire/ -- Parking Guidance Systems, Inc. ("PGS") has acquired ParkZen ("ParkZen"), a parking software development company based in Baton Rouge, Louisiana. ParkZen was incubated within the Louisiana State University ecosystem and funded by its management team…

·Parsons, United States
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Star Local broke the news in on Monday, April 21, 2025.
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