IPS Group, Inc., a global leader in smart parking and curb management solutions, completed the acquisition of Populus Technologies, Inc., a pioneering provider of transportation data and mobility management software. The acquisition enhances IPS Group’s capacity to deliver the most comprehensive suite of smart mobility and curb management tools to cities and organizations worldwide.
The integration of Populus’ advanced curb and mobility management platform with IPS Group’s smart parking, payment, and enforcement technologies will enable municipalities, universities, and private operators to access richer insights for more informed, data-driven decisions.
Regina Clewlow, CEO and Co-Founder of Populus Technologies, Inc., stated that the acquisition “unlocks a tremendous opportunity to help cities and operators bring parking and mobility management into the digital era.” She added, “Together, we’ll provide the tools needed to optimize efficiency, improve decision-making, and support smarter, more sustainable transportation systems.”
Chad Randall, CEO of IPS Group, Inc., highlighted the significance of the move, explaining that “the acquisition of Populus represents an exciting milestone in our journey to expand IPS’s smart curb management ecosystem.” He continued, “By combining our decades of expertise in parking technologies with Populus’ cutting-edge mobility and curb management platform, we are uniquely positioned to help our current and future clients gain better insights into data trends and elevate decision-making processes to navigate the future of transportation.”
The unified platform will empower municipalities, transportation agencies, universities, and private operators to achieve smarter planning, optimize operational performance, and enhance the overall quality of mobility and urban life.