UTS Technologies was established in 1992 in Dublin by the Spring family. It has grown to become the leading supplier of all on-street parking solutions to the Irish market and works directly with nearly all local authorities. UTS Technologies invests heavily in the next generation of Smart Pay and Display metering to include EV charging payment and control, air and noise monitoring, parking fine payment and de-clamping control, as well as number plate recognition which allows for tariffs by engine size or, indeed, ticketless parking.
Advised the management and shareholders of UTS Technologies, a leading provider of parking meters and solutions, on a €6.15 million financing with DunPort Capital Management in August 2022. DunPort is a market-leading provider of non-bank corporate and SME debt capital.
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