Kirkland Advises Uber on Acquisition of SpotHero
Kirkland is advising Uber Technologies, Inc. (NYSE: UBER) on an agreement to acquire industry-leading parking reservation app SpotHero, bringing parking reservations onto the Uber app. Since launching in 2011, SpotHero has helped millions of drivers easily find affordable parking at more than 13,000 garages, lots, and valets across more than 400 cities in the U.S. and Canada. Uber plans to offer a native, in-app parking reservation experience, powered by SpotHero, with a focus on parking for commuters, as well as at events, venues, and airports. In time, Uber One members can also expect to see parking benefits as part of their membership. In turn, parking operators working with SpotHero will benefit from access to Uber’s large consumer base and network of vehicle charging and fleet partners. The acquisition is subject to the receipt of regulatory approval and satisfaction of other customary closing conditions and is expected to close in the first half of 2026.
Read the transaction press release
The Kirkland team included corporate lawyers Edward Lee, Steven Choi, Arjun Mocherla, Hayley Haggard, Anne Hicks and Hayley Hollender; executive compensation lawyers Rohit Nafday, Anthony Ji and Sooah Kim; tax lawyers Sara Zablotney and Margot Solmssen; technology & IP transactions lawyers Seth Traxler and Kevin Jacobsen; employment & labor lawyers Jackie Heffernan and Jon Link; employee benefits lawyers Justin Coddington and Amin Hamza; and antitrust & competition lawyers Andrea Murino and Sadé Harper.
