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NEWS Last modified on December 17, 2018

MAG widens business portfolio with SkyParkSecure acquisition

MAG, the UK’s largest airport group, has acquired SkyParkSecure for an undisclosed sum.

SkyParkSecure, trading from the domain SkyParkSecure.com, is an innovative price comparison and booking agent based in Blackpool, UK, which allows customers to compare and book over 300 parking options across 28 UK airports.

In 2017 SkyParkSecure generated revenues of £2.2 million.

The SkyParkSecure business and its team of people will join MAG, and integrate into MAG’s Airport Services division, alongside the group’s dedicated technology division MAG-O, which aims to enhance the end-to-end airport experience for passengers using MAG airports.

According to MAG, the SkyParkSecure business will improve the company's distribution capabilities via national online channels, something its own experts in its MAG-O division are said to be "focused on relentlessly".

The acquisition of SkyParkSecure will allow MAG to improve further its technology capabilities and rationalise costs in distributing parking products through greater scale in sales channels.

Dean Pailing, co-founder and Managing Director of SkyParkSecure, will join MAG following the acquisition.

Commenting on the deal, Andrew Harrison, CEO, Airport Services, MAG, said: “SkyParkSecure is another great acquisition for MAG’s Airport Services division. We have enjoyed a great relationship with Dean and the SkyParkSecure team having traded closely with them for a number of years.

"They will add unbeatable expertise, tech and vision to our existing talent. SkyParkSecure is a successful, growing business and we are delighted to begin working more closely with the team.

While Dean Pailing, Founder of SkyParkSecure, said: “This is an exciting time for our customers, as this relationship will enable us to provide a greater level of care and service, as well as increase our service offerings going forward.”

 

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