Dec
16

Park Assist & ParkEyes activities will consolidate with TKH Security

Posted in News

Effective January 1st, 2021, Park Assist and ParkEyes will become part of TKH Security. TKH Group, a €1.6 billion publicly traded company, is currently the parent company of TKH Security, Park Assist and ParkEyes.

With over 25 years of experience in the development of electronic Security & Site Management Systems, TKH Security has a strong position in both Europe and the USA and multiple offices all over the world, delivering solutions for Security Management, Access Control, Video Management, Intrusion Detection, Intercom, Surveillance, Asset & Site Management, and Parking Facility Management.

“Both Park Assist and ParkEyes are established global leaders in the camera-based parking guidance sector. As our businesses evolve, we are excited to expand our offerings to our client base of additional integrated surveillance and management solutions. TKH Group NV has assembled a technology ecosystem, through both innovation and acquisitions, which will bring strong value to our clients through these merged entities”, said Gary Neff, President, TKH Security.

Parking Facility Management is already one of TKH Security’s core solutions. Incorporating Park Assist and ParkEyes Parking Guidance technology will allow the combined teams to provide clients across the globe with a complete parking solution, improving safety, optimizing the customer experience, and increasing parker loyalty.

TKH Security’s strong positioning and commitment to continued growth will serve to strengthen the company’s collective international presence, penetrate new markets, and expand our product lines and services, continuing to increase user satisfaction and evolving to meet customers’ needs.

The Park Assist and ParkEyes brands will be retained for the complete parking guidance product range, such as smart-sensors, software platforms and APIs, wayfinding signage, license plate recognition systems, video inspection systems, and lighting.

As Park Assist and ParkEyes become part of TKH Security, growing as a joint company under common leadership, the team of over 300 employees will continue to provide the latest breakthroughs in parking guidance technology and the highest level of service for all clients.

About Park Assist
Park Assist® is the parking industry’s leading camera-focused innovator with the most camera-based parking guidance installations in the world. Our patented technology helps customers effortlessly find parking spaces in real-time as well as find their cars when they return. Simultaneously, we provide parking operators with tools to improve customer satisfaction, create new revenue opportunities, realize greater operational control, capture parker analytics, and expand CCTV capabilities. Park Assist is a member of TKH Group N.V.

About ParkEyes
ParkEyes is a technology company with more than 15 years of experience in the License Plate Recognition and Parking Guidance market. We provide parking owners and operators with parking management solutions such as Side View Cameras, Under Vehicle Inspection Systems, CCTV, ParkEyes Parking Guidance Systems, and Intelligent Lighting dimmable by cameras. ParkEyes is a member of TKH Group N.V.

About TKH Security
TKH Security specializes in the development of electronic Security & Site Management Systems. With over 25 years of experience and by listening to customer needs, we offer complete innovative solutions for security management, video surveillance, parking facility management, parking guidance and asset & site management. We are always looking for innovative solutions for the market with a focus on creative, flexible and open architecture integration. TKH Security has a strong position in the Benelux and multiple offices all over the world. TKH Security is a member of TKH Group N.V.

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