SP Plus Corporation

#5289

Rank

$1.07B

Marketcap

United States

Country

Leadership team

Mr. G. Marc Baumann (Chairman, CEO & Pres)

Mr. Kristopher H. Roy (CFO & Treasurer)

Mr. John Ricchiuto (Pres of Airport Division)

Products/ Services

Parking

Number of Employees

1,000 - 20,000

Headquarters

Chicago, Illinois, United States

Established

1929

Company Registration

SEC CIK number: 0001059262

Net Income

20M - 100M

Revenue

500M - 1B

Traded as

Social Media

URL

https://www.spplus.com

Overview

Location

Recognition and Award

References

Summary

SP Plus Corporation provides mobility solutions, parking management, ground transportation, baggage, and other ancillary services in North America. The company operates in Commercial and Aviation segments. It provides on-site parking management, valet parking, ground transportation, facility maintenance, event logistics, remote airline check-in, security, municipal meter revenue collection and enforcement, and consulting services, as well as shuttle bus vehicles and drivers; baggage services, including delivery of delayed luggage and baggage handling services; wheelchair assist services; baggage repair and replacement services; and on-street parking meter collection and other forms of parking enforcement services. The company also offers facility maintenance services, including power sweeping and washing, painting and general repairs, and cleaning and seasonal services; security services comprising training and hiring of security officers and patrol, as well as customized services and technology; and an online and mobile app consumer platform through parking.com website. In addition, it provides multi-platform marketing services, including SP+ branded websites that offer clients a platform for marketing their facilities, mobile applications, search marketing, email marketing, and social media campaigns. The company offers its services primarily under the SP+, Sphere, and Bags brands. It serves private and public owners, municipalities and governments, managers and developers of office buildings, residential properties, commercial properties, shopping centers and other retail properties, sports and special event complexes, hotels and resorts, healthcare facilities and medical centers, airlines, and cruise lines. The company was formerly known as Standard Parking Corporation and changed its name to SP Plus Corporation in December 2013. SP Plus Corporation was founded in 1929 and is headquartered in Chicago, Illinois.

History

Founded in 1929, SP Plus Corporation has a long-standing history of excellence in the parking and ground transportation industry. Prior to the introduction of SP Plus’s services, many businesses relied on largely unregulated parking operators. In the intervening decades, SP Plus has become a leader in providing innovative solutions to partners and customers, responding to and driving change in the parking and transportation industry.

Mission

Our commitment to Innovation in Operation has made us an industry leader in delivering advanced capabilities to support our clients' expanding performance and financial needs.

Vision

Supporting revenue management to maximize the performance of our clients' businesses.

Key Team

Jill Nagel (Sr. Communications Mang.)

Ms. Connie H. Jin (Sr. VP of Corp. Devel.)

Mr. Robert M. Toy (Pres of Commercial Division)

Mr. Robert A. Miles (Pres of Bags)

Ms. Colleen Kozak (Chief HR Officer)

Mr. Gary T. Roberts (Sr. VP, Corp. Controller, Assistant Treasurer & Principal Accounting Officer)

Ms. Ritu Vig (Chief Legal Officer & Sec.)

Recognition and Awards

SP Plus has earned numerous awards over the years, including being named one of the World’s Most Admired Companies by Fortune Magazine and one of Inavero’s Best of Staffing Award winners.