The Parking Spot

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The Parking Spot
TypeSubsidiary
IndustryAirport Parking
Founded1998[1]
Headquarters
Chicago, Illinois
Area served
United States
Key people
Jeff Foland, CEO[2]
OwnerGreen Courte Partners LLC.
Websitetheparkingspot.com

The Parking Spot is an off airport parking company based in Chicago, Illinois. Founded in 1998 by Martin Nesbitt with initial backing by Penny Pritzker,[3] The Parking Spot was sold in 2011 for $360 Million to Lake Forest-based private equity group Green Courte Partners LLC.[4] According to The Parking Spot's website, as of 2019 the company has 39 locations at 23 airports.[5] In August 2019, The Parking Spot announced a preferred partnership with SpotHero.[6] [7]

Locations[]

References[]

  1. ^ "About Airport Parking | the Parking Spot".
  2. ^ "PE-backed the Parking Spot hires Foland as president and CEO". 13 November 2018.
  3. ^ Bianchi, Alessandra (2007-05-10). "Airport parking at its finest". CNNMoney.
  4. ^ Sachdev, Ameet; Harris, Melissa (2011-12-09). "Pritzker Realty sells parking lot chain to private equity firm". Chicago Tribune. Retrieved 2016-12-04.
  5. ^ "About Airport Parking At The Parking Spot". TheParkingSpot.com. Retrieved 2015-03-22.
  6. ^ "SpotHero and The Parking Spot Announce Preferred Partnership to Power Digital Parking Reservations Near Airports Nationwide". www.businesswire.com. 2019-08-29. Retrieved 2019-09-27.
  7. ^ McCartney, Scott (7 August 2019). "Finally, Tracking for the Hotel Shuttle Van". Wall Street Journal.

External links[]

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