Based in the UK, SkyParkSecure enables users to compare and book more than 300 parking spaces across 28 UK airports. The company generated revenues of £2.2m last year.

The SkyParkSecure business will join MAG and integrate into its airport services division alongside the group’s dedicated technology division MAG-O.

SkyParkSecure’s co-founder and managing director Dean Pailing will also join MAG on completion.

MAG airport services CEO Andrew Harrison 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.”

The SkyParkSecure business will improve MAG’s distribution capabilities and leverage national online channels.

Pailing said: “Having spent the last 12 years building the SkyParkSecure brand and a base of over two million loyal customers, we’re delighted that our business has been acquired by MAG and that we will now have the opportunity to take both businesses to the next level in the online airport parking sector.”