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TKH Security Announce Merger with Park Assist and ParkEyes

THK Security Merger

In January, Park Assist and ParkEyes merged with TKH Security. TKH Security is a member of the TKH Group, a €1.6 billion publicly-traded company, which was also the parent company of Park Assist and ParkEyes.

TKH Security specializes in the development of smart electronic security, safety, and parking guidance systems. With over 25 years of experience, it offers complete solutions for Parking Guidance, Parking Facility Management, Security Management, Access Control, Video Management, Intrusion Detection, Intercom, Surveillance, and Asset & Site Management. TKH Security focuses on creative, flexible, and open architecture integration, continuously striving to develop and deploy innovative solutions for the market. Recently merging with seven companies (Park Assist, ParkEyes, Aasset Security, Flexsposure, Key Processor, Siqura, and VDG), TKH Security has a prevalent presence in North America, Australia, Europe, and multiple offices all over the world.

TKH Security's strong positioning and commitment to continued growth will allow us to strengthen our international presence, penetrate new markets, and expand our product lines and services as we continue to increase user satisfaction and evolve to meet our customers' needs.
As established global leaders in the camera-based parking guidance sector, the Park Assist and ParkEyes brands have been retained for the complete parking guidance product range, such as smart-sensors, software platforms, and APIs, wayfinding signage, license plate recognition systems, video inspection systems, and lighting.

As we integrate our parking guidance and security solutions, while growing as a joint company under common leadership, our team of over 300 employees will continue to provide the latest breakthroughs in parking guidance technology and the highest level of service for our valued customers.

About TKH Security TKH Security

TKH Security specializes in the development of smart electronic security, safety, and parking guidance systems. With over 25 years of experience, we offer complete innovative solutions for Security Management, Access Control, Video Management, Intrusion Detection, Intercom, Personal Surveillance, Parking Guidance, Parking Facility Management, and Asset & Site Management. We are always looking for innovative solutions for the market with a focus on creative, flexible, and open architecture integration. Recently merging with seven companies (Park Assist, ParkEyes, Aasset Security, Flexsposure, Key Processor, Siqura, and VDG) TKH Security has a strong position in North America, Australia, Europe, and multiple offices all over the world. TKH Security is a member of TKH Group NV.

About Park Assist Park Assist

Park Assist® is the parking industry’s leading camera-focused innovator with the most camera-based parking guidance installations in the world. Our patented technology helps customers effortlessly find parking spaces in real-time as well as find their cars when they return. Simultaneously, we provide parking operators with tools to improve customer satisfaction, create new revenue opportunities, realize greater operational control, capture parker analytics, and expand CCTV capabilities. Park Assist is a member of TKH Group N.V.

About ParkEyes

ParkEyesParkEyes is a technology company with more than 15 years of experience in the License Plate Recognition and Parking Guidance market. We provide parking owners and operators with parking management solutions such as Side View Cameras, Under Vehicle Inspection Systems, CCTV, ParkEyes Parking Guidance Systems, and Intelligent Lighting dimmable by cameras. ParkEyes is a member of TKH Group N.V.

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