Industry Leadership T2 Systems is the leading provider of parking, mobility, and transportation solutions in North America with over 30 years of experience, serving thousands of industry professionals. Its extensive market presence indicates strong brand recognition and established customer relationships, offering opportunities for upselling and expanding existing accounts.
Innovative Technology The company recently launched Flex, a cloud-based, comprehensive parking system, and T2 Velocity, a frictionless parking solution. These innovative offerings position T2 as a technology leader, providing sales prospects with cutting-edge solutions that address modern parking management needs and enhance customer experiences.
Strategic Acquisitions Having been acquired by Verra Mobility in 2021 for $347 million, T2 has access to significant resources and a broad mobility ecosystem, creating cross-selling opportunities with complementary smart mobility and transportation solutions targeted at cities and large parking operators.
Growth and Expansion With a revenue estimated between $100 million and $250 million and a recent investment of $28 million, T2 is positioned for ongoing growth, expansion into new markets, and development of additional innovative solutions—ideal for channeling sales efforts into emerging opportunities in the mobility sector.
Market Potential T2 serves a substantial client base across all 50 states and ten Canadian provinces, including large operators like LAZ Parking and Towne Park, which presents numerous opportunities for deploying advanced parking technology, consulting services, and customized transportation solutions to enhance operational efficiency.