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Worldwide Transportation was founded in 2001 and provides transportation services to an array of corporate and event clients. It has a fleet of over 70 vehicles and provides service nationwide in 25 metropolitan areas and serves more than 500 destinations worldwide. The acquisition is the culmination of the company’s successful strategy to eliminate debt and strengthen liquidity while continuing to provide high-quality chauffeured transportation services to its thousands of clients.
“Dav El Miami has negotiated with Worldwide over the last few months to execute a financing transaction, ultimately leading to this acquisition pursuant to Section 363 of the bankruptcy code,” said Scott Solombrino, president and CEO of Dav El | BostonCoach. “We believe the company is an industry leader with an incredibly bright future, and we are eager to work with the management and employees to continue to build the business. We expect to become the largest chauffeur transportation company in South Florida.”
In addition to the acquisition of Worldwide Transportation, Dav El │ BostonCoach acquired San Diego’s Torrey Pines Transportation and Chicago’s Metropolitan Limousine in recent months.
In other news, Marcou Transportation Group has agreed to sell its Harrison Global dba BostonCoach in the Raleigh-Durham market to longtime partner, Academy Bus.
Academy Bus began operating in the Raleigh-Durham market over a year ago with a fleet of 30 full-size motorcoaches.
“After a 40-year relationship with Academy Bus, we felt that a sale of these assets to our longtime partner was in the best interests of our Raleigh client base,” said Solombrino. “Our goal is to build a deeper customer base in larger markets across the globe. Having Academy already in the market created a rare opportunity for a strategic shift of our resources.”
“We are excited to be a strategic partner of our longtime business associates at Dav El | BostonCoach,” said Francis Tedesco, CEO of Academy Bus. “Academy Bus is thrilled to expand our service in the Raleigh-Durham market. We have been in the market for over a year now and seen tremendous demand in a short amount of time. We look forward to providing our clients with the highest level of customer service they have become accustom to for years to come.”
Terms of the deals are not being disclosed.
Visit bostoncoach.com for more information.
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In addition to the opportunity to meet WMLA’s new Executive Administrator Mary Presley, the gathering will also serve as a forum to discuss both the direction and the future of the association.
“We are currently working on a new website, which we hope to launch by the end of April, as well as encouraging any potential new members to join and help grow the organization,” Presley said.
Those interested in serving on the WMLA board are welcome, as positions needing to be filled within the association will be discussed. The association also is currently seeking sponsors for this upcoming meeting.
Email tourtrvl@comcast.net for more information about WMLA and ways to get involved with the association.
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The President’s Club is the company’s highest sales distinction, reserved for its top producing clients. “We are very grateful to our amazing clients and partners who have helped us achieve this prestigious award,” said Chosen Payments CEO, Jeff Brodsly.
Brodsly founded the company in 2008 after working for many years in the credit card processing business as a sales agent. Brodsly said that he started Chosen Payments with merchants in mind and had a vision of providing more than just credit card processing services. The company motto is, “Your Partner in Success” and to that end, the company has entrenched itself in the ground transportation industry, he says.
Chosen Payments has provided financial support and assistance to many state and national industry associations to the direct benefit of their members. Brodsly serves on the board of Greater California Livery Association (GCLA) and Limousine Association of New Jersey (LANJ) while VIP Client Relationship Manager Sarah McKee serves on the board of the Colorado Limousine Association (CLA), lending their business expertise to the organizations showing the deep commitment to their clients. The company also provides sponsorship of many industry events.
The company’s partnership approach includes providing personalized customer service through the use of dedicated relationship managers and cost-effective solutions, says Brodsly. The company provides services such as credit card processing, check processing, gift/loyalty programs, ATMs, merchant cash advance, and mobile applications.
Visit chosenpayments.com for more information.
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