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Photo of Jeff Bezos Purchases Parking Concepts, Inc. as Part of a ‘Plan to Take Over the Parking Industry’

Posts from April 2023

Jeff Bezos Purchases Parking Concepts, Inc. as Part of a ‘Plan to Take Over the Parking Industry’

April 1, 2023

Jeff Bezos Purchases Parking Concepts, Inc. as Part of a ‘Plan to Take Over the Parking Industry’

IRVINE, CA - The parking world is in shock today after the announcement that billionaire Jeff Bezos has secured a deal to purchase Parking Concepts, Inc. (PCI) – the most well-known and respected company in the parking industry. Bezos, who says he "paid just under $4.5 billion for PCI," made the announcement during a live video while floating weightlessly in space on a Blue Origin flight. In the video, he made it clear that this was just the first of… Continue reading →