Société Parc-Auto du Québec

What Société Parc-Auto du Québec does

Société Parc-Auto du Québec (SPAQ) is a Quebec-based parking management company founded in 1967 and operating as a wholly-owned subsidiary of the provincial government entity Société québécoise des infrastructures (SQI) since 2019. The company specializes in managed parking services for public and parapublic institutions — government ministries, municipal entities, healthcare facilities, educational institutions, and cultural venues — under long-term contracts in which SPAQ assumes full responsibility for operations, equipment investment, and maintenance without requiring capital outlay from the client institution.

At the technical core is TGPS/SPAQ, an integrated parking management platform developed in-house starting in 1997 and now trademarked. It unifies payment terminals, automated barriers, license plate recognition (LPR) cameras, surveillance systems, intercoms, and GPS tracking modules into a single back-office stack. The system supports both subscription-based and usage-based revenue streams, serving over 82,000 active subscribers and over 7.4 million hourly users annually across 930+ parking lots and 132,000+ spaces, with service centers in Quebec City and Montreal and a self-serve web portal (public.spaq.com).

Commercial activity is concentrated in Quebec, with go-to-market executed through direct institutional relationships and public procurement rather than mass marketing. Certifications include ISO 9001:2015 (since 2016), PCI DSS Level 1 (since 2017), and an RBQ license, positioning SPAQ as a compliance-heavy operator. Revenue is not publicly disclosed and the entity is privately held by the Quebec government, so capital structure signals are absent.

Name

Société Parc-Auto du Québec

Legal name

Société Parc-Auto du Québec

Website

https://spaq.com

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

11–50 employees

Short description

Société Parc-Auto du Québec (SPAQ) is a Quebec government-owned parking management subsidiary of SQI that operates, under long-term managed contracts, 930+ parking lots and 132,000+ spaces for public and parapublic institutions across Quebec using its proprietary TGPS/SPAQ platform.

Ownership category

akta.pro rank

Product category

Parking Management Services

NAICS

Parking Lots and Garages (81293), Parking Lots and Garages (812930)

SIC

Services-Automotive Repair, Services & Parking (7500), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Parking Facility Operations (Garages, Lots, On-/Off-Street) (BPABAKAA)

akta.pro secondary industries

Off-Street Parking Facilities Operations (Garages, Lots, Park-and-Ride) (TLAJAIAB), Digital Payments & Enforcement for Parking (Mobile Pay, LPR/ANPR, Citation Mgmt) (TLAJAIAE), Parking Access & Revenue Control Systems (PARCS) (Gates, Pay Stations, Ticketing) (TLAJAIAD), Parking Asset Management & Facility Services (Cleaning, Security, Staffing, Maintenance) (TLAJAIAG)

Keywords

• Parking management services
• Public sector parking
• Parking subscription products
• Parking lot operations
• Managed parking solutions

Headquarters

HQ city

Quebec

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure

Revenue model

1. Parking Subscription Services: SPAQ generates recurring revenue through over 82,000 parking subscriptions managed across its portfolio of parking lots. Subscribers pay regular fees for access to parking facilities.
2. Hourly Parking Revenue: Revenue generated from over 7.4 million hourly parking clients annually who pay per-use parking fees at SPAQ-managed facilities.
3. Managed Services for Public Institutions: SPAQ provides comprehensive parking management services to public and parapublic institutions, handling operations, maintenance, and technology upgrades without requiring capital investment from client institutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Société Parc-Auto du Québec (SPAQ) provides comprehensive parking lot management and consultation services to public and parapublic institutions across Quebec. Operating over 930 parking lots with more than 132,000 spaces, the company manages the full lifecycle of parking operations — including access control, payment processing, equipment maintenance, and technology modernization — under its proprietary TGPS/SPAQ md integrated management platform. Services are delivered without capital investment from client institutions, generating revenue through managed services, hourly parking fees, and subscription products.

Product overview

SPAQ (Société Parc-Auto du Québec) operates as a parking management company offering a portfolio of services centered on its proprietary TGPS/SPAQ integrated parking management system, subscription-based parking products, and technical maintenance services. The company manages over 930 parking lots with more than 132,000 parking spaces across Quebec, serving institutional clients in municipal, cultural, governmental, educational, and healthcare sectors. Services include parking lot operation, revenue management, equipment maintenance, and technology modernization for public sector organizations.

Differentiator

Problem solved

Functional benefit

Products and services

• TGPS/SPAQ md Integrated Parking Management System Proprietary integrated parking management platform that controls and monitors parking operations including access control, payment processing, and surveillance systems. Used by SPAQ to manage all aspects of parking operations across its portfolio.
• Parking Subscription Products

Quantifiable outcome

• Over 132,000 parking spaces managed across Quebec
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Société québécoise des infrastructures (SQI)flagshipStrategic or Co-development Partner · 1 January 2019SPAQ became a subsidiary of the Société québécoise des infrastructures (SQI) in 2019, dedicated to managing parking for public and parapublic organizations across Quebec. SQI provides the institutional framework and public mandate while SPAQ operates as the specialized parking management subsidiary.

Scale indicators8 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Impark: One of North America's largest parking management companies, operating in Canada and the U.S. with a comparable mix of institutional, commercial, and municipal contracts. Directly comparable business model: managed parking services with technology-driven operations.
• Precise ParkLink: Canadian parking management and technology provider headquartered in Toronto with operations across Canada including Quebec. Directly comparable offering spanning PARCS hardware, mobile payments, and managed services for public and private clients.
• Toronto Parking Authority (Green P): Municipal parking authority operating on behalf of the City of Toronto with a comparable public-mandate model: managing on-street and off-street parking for a Canadian municipality with subscription, hourly, and enforcement offerings.

Broad incumbents

• Indigo (formerly VINCI Park): Global parking and urban mobility operator with a broad portfolio across on-street, off-street, and digital parking services. Overlaps with SPAQ in managed parking operations and technology but operates at much larger scale across many countries.
• ABM Industries (ABM Parking Services): Large U.S. facility services company with a significant parking and transportation segment serving airports, hospitals, and universities. Comparable in serving healthcare and education verticals with managed parking contracts at scale.

Emerging players

• ParkMobile: Digital parking payments platform widely deployed across North American municipalities and universities. Competes with SPAQ's mobile-pay and digital enforcement capabilities and increasingly bids on institutional contracts.
• PayByPhone: Mobile parking payment provider used by hundreds of North American municipalities. Directly comparable to SPAQ's hourly digital payment functionality and a likely partner or competitor on Quebec institutional tenders.
• SpotHero: Digital marketplace for reserving parking in North American cities, including some institutional and event-driven inventory. Comparable as a technology-led entrant reshaping how institutional parking is distributed and priced.
• Flash Parking: Cloud-based parking management platform serving operators across North America. Comparable to TGPS/SPAQ md as a technology layer for PARCS, LPR, and enforcement at institutional parking facilities.

Regional players

• EasyPark Group: European parking technology and operator group operating mobile payments, enforcement, and managed services across multiple countries. Comparable business model with similar technology stack but primarily European footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/spaq

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Société Parc-Auto du Québec