Transdev on Demand buys Florida Taxi Cab Companies

PHOENIX, Oct. 14, 2014 /PRNewswire/ -- Transdev on Demand (formerly Veolia Transportation on Demand) today announced it has purchased PTG Enterprises LLC taxi operations with locations in Jacksonville, Clearwater, St. Augustine, St. Petersburg, Boca Raton, West Palm Beach, Fort Myers, and Naples, Fla.  This purchase also includes taxi services to Jacksonville and Palm Beach Airports. 

The taxi companies were purchased from PTG Enterprises, LLC (Peninsula Transportation Group) and Boathouse Capital, who was the lender.  The purchase price was not disclosed.  The taxi brands include Jacksonville Gator City, Yellow and City Cab, Clearwater Yellow Cab, Ft. Myers Metro Cab, Naples Checker Cab and West Palm Beach Yellow Cab.

"Transdev on Demand's acquisition includes 700 cabs, and 160 support personnel and we will immediately begin updating the vehicle fleet including new and innovative vehicles, such as wheel chair accessible taxis.  Most management will remain with the company and TransDev on Demand will bring in regional support," said Brad Whittle, senior vice president for acquisitions with Transdev on Demand.  

These new Florida markets will enjoy new technology such as cab hailing through its zTrip app that can be downloaded for iPhone® or Android®. The new fleet will include 250 propane vehicles immediately and an additional 150 to 200 propane powered vehicles in the near future.  All the cities will see an immediate upgrade in its taxi fleets.

Transdev On Demand, Inc. a division of Transdev based in Phoenix, includes SuperShuttle International, ExecuCar and Yellow Cab and other taxi brands nationwide.  Transdev On Demand, Inc. serves over 75 airports with its multiple service offerings in the on demand service space.  It boasts some of the most fuel efficient fleets utilizing both propane and compressed natural gas, as well as partnerships with many leading airlines and travel wholesalers. 

Transdev North America
Based in Lombard, IL, near Chicago, Transdev North America  (previously known as Veolia Transportation) adopted its parent company's name in mid-2014.  The company is the largest private-sector operator of multiple modes of transit in North America, including bus, rail, Para transit, shuttle, and sedan and taxi services. Globally, Transdev operates public transportation in 20 countries.  Transdev is committed to being the trusted partner of cities, transit authorities and airports through quality execution and innovations in mobility.

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SOURCE Transdev on Demand