SP Plus Corporation

Headquartered in Houston, Merit Parking has various other locations in Texas and Louisiana. It is a privately held company providing parking services. The company operates various types of parking operations, including airports, hospitals, hotels, office towers, residential, restaurants, retail, shuttle services, special events venues and stadiums. It manages leases and purchases of parking properties as well. It also provides consulting services on various types of parking properties. The company offers Systematic Management of Accounts Receivable Transactions program, a Microsoft Window-based parking facility accounts receivable system. The program facilitates monthly and charged validation invoicing and daily cash receipts accountability. It also assists the facility and building managers in the operations of garage facilities. The company also provides valet parking services to its clients. Merit Parking operates various surface, office and suburban parking lots in Houston.