Ixelles, Belgium-based IZIX, a company specialised in smart parking management, and Toogethr, a Utrecht-based parking management software provider, announce their merger today.
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At present, both organisations will continue to operate as they have been, ensuring that there are no immediate changes for customers.
With the merger, IZIX and Toogethr now manage over 1,200 parking locations in twelve countries and serve 750 clients.
Every month, more than 2.2 million parking transactions are processed via the combined platforms, with 280,000 active users, claims the company.
The announcement comes eight months after the Dutch company expanded its operations to the UK earlier this year.
IZIX x Toogethr merger
The combination of both products improves functionality and insights while streamlining payment processes, making parking management simpler.
Additionally, IZIX plans to expand in Europe to address the growing need for digital and sustainable parking solutions.
The collaboration marks IZIX’s official entry into the Dutch market.
By combining Toogethr’s broad knowledge of the Dutch market and both companies’ expertise in parking management, IZIX can offer more complex and broader parking solutions.
This partnership also helps make better use of customers’ parking spaces.
Smart parking solutions help cities reduce traffic congestion, minimise unnecessary trips, and utilise limited space more efficiently.
By integrating pre-booked charging stations, businesses can make better use of charging facilities, contributing to a reduction in CO2 emissions.
Furthermore, data analysis from millions of transactions on both platforms offers valuable insights.
Toogethr: Provides parking and EV charging solutions
Led by Sido Quarré, Toogethr is a provider of parking and EV charging solutions across Europe.
The company’s Smart Parking and Smart Charging technologies enable organisations to optimise their car parks, maximise the efficiency of EV charging points, streamline parking management, and monetise unused spaces with bespoke short-stay parking solutions.
Sido Quarré, CEO of Toogethr says, “By combining our expertise and technological capabilities, we can offer innovative parking solutions that go beyond traditional models. While IZIX excels in the management of parking locations at a European level, Toogethr brings in-depth local knowledge and experience in the field of charging infrastructure, paid services and data-driven parking. This merger enables us to create new opportunities for customers looking for economies of scale, but also for hyper-local optimisation in the various markets in which we operate. This provides undeniable added value, both at an operational and strategic level.”
IZIX: Parking management software
IZIX is a SaaS + IoT platform for parking management software.
The platform digitises access, makes parking spaces more flexible, supports electric vehicle charging, and provides insights to reduce costs and enhance the user experience.
At present, IZIX operates in 12 European countries and serves more than 750 customers, including large property managers, businesses, and municipalities.
Dorian De Broqueville, CEO of IZIX, says, “The Netherlands is at the forefront of the transition to hybrid working and sustainable mobility. That is precisely why this merger is a crucial step. By combining the strengths of IZIX and Toogethr, we can not only help organisations use parking capacity more efficiently, but also make an important contribution to accelerating the sustainability of mobility. With a joint focus on smart parking solutions and electric charging infrastructure, we are setting the tone for the future of urban mobility in Europe, with the Netherlands serving as an important pillar.”