FULLSTEAM ACQUIRES NETPARK SOFTWARE
For Immediate Release
FULLSTEAM ACQUIRES NETPARK SOFTWARE
Fullsteam, a holding company acquiring software and payments businesses, announced today the acquisition of netPark, a cloud-based point-of-sale and revenue management software company serving self-park and valet operations. The netPark acquisition is Fullsteam’s first in the parking technology market.
The netPark software is used to manage hotel, casino, hospital, off-airport, municipal and various valet and self-park lots. The system’s full-service offering includes integrated point-of-sale, payment processing, reservations, customer loyalty program, revenue tracking, and website and mobile app development services.
“NetPark is a wonderful addition to the Fullsteam portfolio of companies,” said Fullsteam CEO Michael A. Lawler. “In a highly competitive market, netPark’s leading technology and full-featured software and services separate it from the pack.”
As part of the acquisition, partners Jon Schmidt and David Reynolds will remain with the company and continue to oversee day-to-day operations.
“We have been approached by various companies over the years, but Fullsteam was the first that seemed like a perfect match,” said netPark President Jon Schmidt. “Being able to offer our clients a unified payments solution will allow them to focus on what matters most, their operations, and not the day-to-day trials of payments management. We are excited about the opportunities Fullsteam will bring both our clients and our employees!”
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