- Acquired by Fortissimo Capital for $73M, Dec 2020
About
Cellopark Technologies provides advanced technology and IoT-based solutions for the public and private parking sectors. The Cellopark system was developed to meet the rising demand for a more comfortable and modern way to pay for parking. The companys system uses cellular technology, which most drivers already own, to make parking fast and easy with its parking payment app. The Cellopark system is a complete end-to-end parking management system designed to integrate seamlessly into any parking ecosystem. The system includes on-street and off-street payment options, hardware, management software, and permit management and infringement solutions. In December 2020, private equity firm Fortissimo acquired the MGAR Group, along with its subsidiaries Prioricity and Cellopark.
Q&A
- When was Cellopark Technologies acquired and by whom?
- Cellopark Technologies was acquired in December 2020 by Fortissimo Capital for $73,000,000.
- What is Cellopark Technologies' primary business?
- Cellopark Technologies provides advanced technology and IoT-based solutions for public and private parking sectors, including an app for parking payments and a complete end-to-end parking management system.
- How many employees does Cellopark Technologies have?
- Cellopark Technologies has 11-50 employees.
- In which country is Cellopark Technologies headquartered?
- Cellopark Technologies is headquartered in Beit Dagan, Israel.
- What is the primary sector of Cellopark Technologies?
- The primary sector of Cellopark Technologies is Automotive & Mobility Technologies.
- When was Cellopark Technologies founded?
- Cellopark Technologies was founded in February 2004.
- What is a recent operational development for Cellopark Technologies?
- In January 2021, Cellopark announced it would operate a government-run app for electric vehicles.
- Does Cellopark Technologies hold any patents?
- Yes, Cellopark Technologies holds one patent.
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | cello-app.com/global/ |
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| linkedin.com/company/10053176 | |
| facebook.com/CelloIsrael | |
| YouTube | youtube.com/@celloisrael345 |
| instagram.com/cello_israel/ |
Identifiers & details
| Founded | 2004-2 |
|---|---|
| Employees (exact) | 38 |
| Status reason | Acquired by Fortissimo Capital on Dec, 2020 |
Acquisitions & public offerings
Acquired by Fortissimo Capital 2020-12 $73.0M
Radar intelligence
Patents
| EPO | 4 |
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Web history (Wayback)
| Domain | cello-app.com |
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Certificate / subdomain footprint
| Subdomains | 2 |
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