Leros Transportation Group, a 41-year-old company headquartered in Valhalla, N.Y., is pleased to announce the acquisition of Park Avenue Limousine, which is based just outside of Philadelphia. According to a joint press release, this strategic acquisition will significantly enhance Leros Transportation Group’s market presence in the Northeast and further strengthen its ability to provide exceptional service to its clients.
Founded in 1987, Park Avenue Limousine has built a stellar reputation for delivering high-quality, reliable transportation services across Pennsylvania and beyond. The company’s commitment to customer satisfaction and its comprehensive range of luxury transportation options perfectly aligns with Leros Transportation Group’s values and business objectives.
The Park Avenue and Leros teams celebrate
“The acquisition of Park Avenue Limousine represents a significant milestone for Leros as we continue to expand our footprint in the chauffeured transportation industry,” said Jeff Nyikos, CEO of Leros Transportation Group. “We are thrilled to welcome the Park Avenue Limousine team to our family. This acquisition allows us to serve a broader client base and reinforces our dedication to providing seamless, reliable transportation solutions.”
Michael Basso, COO of Leros Transportation Group, added, “Park Avenue exemplifies everything we look for in an acquisition partner: diverse revenue streams, a strong commitment to safety, and unwavering service integrity. This addition will create an even more competitive organization and position us for future growth. We couldn’t be happier to have Park Avenue as part of the Leros family of transportation brands.”
Alan Candeub, president of Park Avenue Limousine, shared his excitement about the acquisition: “Joining forces with Leros Transportation Group is an exciting new chapter for us. We’ve always prided ourselves on delivering outstanding service to our clients, and this partnership allows us to enhance that service with greater resources and reach. We are confident that this will be a positive step for both our clients and our team.”
As part of the acquisition, Park Avenue Limousine will now be known as Park Ave Worldwide. Briana Candeub and Chelsea Lazar will be spearheading operations and sales in the Pennsylvania market.
Visit lerostg.com to learn more about Leros Transportation Group. Visit parkavenuelimousine.com for more information about Park Avenue.
[09.24.24]