Addison Lee continues on its global expansion, with latest takeover

Addison Lee positions itself as the largest provider of managed ground transport services in the world

 

US based executive car service Flyte Tyme already operates over 17,000 vehicles in the United States which will strongly complement Addison Lee’s existing services. By combining Flyte Tyme’s North American presence with Tristar’s global operations and Addison Lee’s digital booking platforms, we will be able to provide global managed ground transportation services through a single platform. The combined Addison Lee Group will operate across North America, Europe and Asia, and have a total turnover of nearly £375M (US$450m).

Flyte Tyme’s services include airport transfers, events transport services, shuttle services and black car operations. Our combined North American business will be led by Flyte Tyme Worldwide Transportation Chief Executive Officer, Timothy P. Rose. Tim will be forming his new combined management team, closely supported by Mike Fogarty, who has successfully led the Tristar business in North America for many years.

Addison Lee Chief Executive Officer, Andy Boland says, “This is also a win for our customers who value the combination of the highest quality executive services with seamless, modern booking platforms that we offer. Our global customers can now take advantage of our quality, reliability and service almost anywhere in the world they want to book a car.”

Founded in 1979, Flyte Tyme is based in Mahwah, New Jersey and has a turnover of $65m (£52.9m). Flyte Tyme has 525 staff including 375 chauffeurs, and is the USA’s fourth largest operator of executive cars, and will bring to Addison Lee Group’s US portfolio airport transfers, events transport services, shuttle services and black car operations.

After the acquisition, Addison Lee Group’s combined US fleet will have over 400 premium vehicles in North America, as well as over 17,000 executive cars through affiliate partners. Addison Lee Group’s North American businesses will be run by Flyte Tyme Worldwide Transportation CEO Timothy P. Rose.

Rose, who will serve as CEO of Addison Lee North America, said: “We feel that Addison Lee and Flyte Tyme are a perfect match, since both firms strive to provide and deliver the highest quality ground transportation in their respective marketplaces. Through this acquisition, we will be able to leverage our combined technology and client service capabilities to deliver a truly global service for our clients.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Time limit is exhausted. Please reload CAPTCHA.

You may also like

Londoners don’t feel safe in late night minicabs, according to new research

The public feel at risk in minicabs in