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ADVAM (UK) Ltd acquires Inventive IT - Two leading parking reservation companies join forces

Posted 2 October 2014, UK

London 2 October 2014 - ADVAM (UK) LTD is pleased to announce the acquisition of Inventive IT. The acquisition brings together two leading parking reservation companies, combining their expertise to offer customers an even greater service.

Both ADVAM and Inventive IT have seen exceptional growth over the last few years. Focusing on their core markets to work with companies such as London Heathrow Airport, London Gatwick Airport, Manchester Airport, Swedavia, Sydney Airport, NCP, Quebec Airport, Wilson Parking and many more. The merger of the two companies enables them to continue to service customers and continue international expansion.

Jose Da Silva, CEO of ADVAM, comments, “This acquisition enables ADVAM to continue its expansion and development of global markets. By bringing together our industry leading services and the expertise in our two teams, we are able to work together and accelerate our growth, while continuing to focus on our customers”.

John Charnock, Managing Director of Inventive IT comments, “Inventive IT has seen excellent growth over the last few years but we need to build upon these foundations so that we can scale and sustain growth. ADVAM is the ideal parent to provide the required investment, to enable us to combine our expertise for even stronger growth. This merger is a great opportunity for not only our staff, but will ultimately enable us to provide an unrivalled level of service”.

The merger of the two companies’ product portfolios and resources will enable them to achieve their international growth plans. Not only will it generate new investment into Manchester based Inventive IT and create potential new opportunities for all staff, but will provide the strong foundation to continue to provide innovative solutions and exceptional customer service to their customers.

Jose Da Silva, CEO of ADVAM, continues, “Both companies already work with some of the leading organisations in the market, we are looking to extend that reach and create scale in order to achieve our growth plans. Now that we can combine some of the leading parking and reservation experts in the industry, we can work towards delivering even more innovative solutions and outstanding customer service. Our customers should be reassured that their existing solutions and support teams will continue to operate as they do today; but in consultation with our customers, we expect to be able to improve on these services in the future”.

About ADVAM (www.advam.com) ADVAM is the leading global provider of payment solutions, providing a full suite of parking, reservation and ecommerce payment solutions.

Managed on its own proprietary payment gateway, ADVAM solutions are PCI Level 1 and EMV compliant, removing the burden of legislative risk from customers. In addition, ADVAM’s transaction network handles dedicated links with acquirer banks in over 19 countries, offering the power of multicurrency acquiring and instant access to global markets.

ADVAM’s expertise enables custom integrations with merchants existing systems and processes. As such, ADVAM has a wide range of client solutions in over 19 countries including Sydney Airport, Dublin Airport, Swedavia, Wilson Parking, Westfield, Adelaide City Council, NCP, Readers Digest and many more. ADVAM (UK) Ltd is a wholly owned subsidiary of ADVAM Pty Ltd, headquartered in Australia. About Inventive IT (www.inventiveit.com) Inventive IT, head quartered in Manchester, England has a passion for the design and application of innovative technology solutions. Since forming in 2007 Inventive has established itself as a specialist in travel industry e-commerce, yield management and pre booking solutions.

Inventive work with international airports to deliver market leading ecommerce products and services at the forefront of innovation. Their clients include Liverpool Airport, Peel Airports Group, Gatwick Airport and Copenhagen Airport to name a few.

The Inventive team has extensive experience in a variety of sectors including Airports, Travel Agencies, Hotel, Retail, Tour Operating and Airlines. They’re supported by a team of talented people and partners who share their vision, enthusiasm and a desire to deliver solutions that go beyond client expectations.

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