# TIBA Parking

> TIBA Parking develops parking access and revenue control hardware and cloud software for parking owners and operators. Its SPARK platform connects lane equipment, payments, validations and remote management across facilities. Part of FAAC Technologies, it serves airports, hospitals, universities, hotels, retail properties and municipalities through direct operations and local resellers.

- **Founded:** 1986
- **Headquarters:** Petah Tikva, Israel
- **Founders:** Isaac (Zahi) Tavori (Founder)
- **Products:** SPARK, X60 PARCS equipment, X60 Ticketless Solution, TIBA SPARK mobile app, Digital parking solutions
- **Notable:** FAAC announced a $135 million acquisition agreement for TIBA in December 2020, plus acquired net cash., TIBA and its partner supplied SPARK and X60 for a 12-garage Baltimore modernization., Marconi Garage reused its existing magnetic gates in a 12-lane X60 and SPARK deployment reported January 2026.

## Products & services

- **SPARK** — Cloud parking management platform for central monitoring, access permissions, account management, validations and reporting.
- **X60 PARCS equipment** — Entry, exit and payment equipment connected to TIBA management software. The company reports deployments since 2020.
- **X60 Ticketless Solution** — License-plate-based entry and exit with scan-to-pay and lobby payment options, designed for the existing X60 equipment base.
- **TIBA SPARK mobile app** — Operator and merchant app for remote device control and parking validations.
- **Digital parking solutions** — Digital payments, reservations, validations and subscriptions supported through TIBA and its integrations.
- **Implementation and support** — System configuration, installation and service through direct operations and value-added reseller partners.

## Achievements

- FAAC announced a $135 million acquisition agreement for TIBA in December 2020, plus acquired net cash.
- TIBA and its partner supplied SPARK and X60 for a 12-garage Baltimore modernization.
- Marconi Garage reused its existing magnetic gates in a 12-lane X60 and SPARK deployment reported January 2026.
- Richmond’s Expressway Deck became the city’s sixth SPARK deployment, reported August 2026.

## Latest updates

- **2026-08** — Richmond’s Expressway Deck SPARK deployment announced with Entry Guard Systems, including plate-based credentials and digital validations.
- **2026-06** — Google Play lists a June 8 SPARK app update with push notifications, session-security changes and scan-to-pay QR validation support.
- **2026-02** — TIBA expanded its Precision Technology Solutions regional service and sales partnership, effective March 2.
- **2026-01** — Marconi Garage’s X60 and SPARK modernization reported in Columbus.

## Links

- Website: https://www.tibaparking.com/
- LinkedIn: https://www.linkedin.com/company/tiba-parking
- Twitter/X: https://twitter.com/tibaparking/
- YouTube: https://www.youtube.com/channel/UCItYQLxyEwty6YLAwFThEJg
- Facebook: https://facebook.com/tibaparkingsystems/

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Profile page: https://yespress.io/tiba-parking
Published by YesPress — https://yespress.io
Last updated: 2026-10-25