Operations

North Carolina Operation Acquires Its Third Company

Posted on May 30, 2014

Jeff Canady and wife Laura, a board director of the National Limousine Association, co-owners of CLT Express Livery, just bought a party bus company and their first motorcoach as they grow their company throughout a region that spans the two Carolinas.
Jeff Canady and wife Laura, a board director of the National Limousine Association, co-owners of CLT Express Livery, just bought a party bus company and their first motorcoach as they grow their company throughout a region that spans the two Carolinas.

CHARLOTTE, N.C. -- CLT Express Chauffeured Transportation closed a deal earlier this month to buy Carolina’s Party Ride in Charlotte, making its third limo company purchase since late 2010.

Owned by Jeff and Laura Canady, CLT Express bough Aiken Limousine in 2010 and changed the name to SC Express to match the CLT Express brand, based in Charlotte. In 2013, CLT Express purchased Charlotte Limousine which helped grow its revenue and client list. Jeff Canady says the company is looking toward more regional acquisitions in 2015.

"In order to grow, you have to gobble up mom-and-pop companies that have decent contracts that make it viable but aren’t willing to work the necessary 24/7 grindstone you need to be successful in this type of business," Jeff Canady told LCT.

CLT Express has grown from 25 vehicles before the acqusitions to 45 vehicles now. The company bought a 44-passenger mid-coach bus this year and two Mercedes-Benz Sprinter vans last year, and will convert its sedan fleet from Lincoln Town Cars to Cadillac XTS livery sedans starting this coming fall. Its fleet also includes Cadillac Escalade SUVs, a Hummer stretch and traditional sedan stretch limousines.

As part of its expansion, CLT Express also bought its first motorcoach bus, a used 57-passenger Van Hool, enabling the company to provide critically needed motorcoach service for clients on weekends. "It’s impossible to get in touch with a coach company on weekends for trip changes and we have too many complaints about the cleanliness and driver issues to continue to farm out to local companies," Canady said. "So we decided to control that part of the business by purchasing one with another to follow."

The motorcoach runs will be regional instead of over-the-road so CLT Express can cater to local corporate clients.

-- Maritn Romjue, LCT editor

LCT background article: Southern Strategy: Deal Allows Operator To Straddle Carolinas

View comments or post a comment on this story. (1 Comment)

More News

Uber Gets Silly, Creepy & Cheap

TNC Travesties Of The Week: Selfie check-ins and ghost drivers. . . and people still debate driver background checks?

Top Luxury Hotels Thrive Despite Global Travel Drop

Affluent consumers are cutting down on stays with a modest decrease in booked nights.

How Tech Platforms Are Changing Business Travel

A dizzying number of mobile icons now let executives manage their flights, hotels, rail tickets, security and expenses.

RedCoach Brings Affordable Luxury Travel To Florida

The company is the first express bus service to offer city center to city center travel, and provides travelers with first-class amenities.

How To Prepare Your Business Card For The Digital Age

LCT WebXclusive: Technology is making it easier than ever for operators to stand out — if they take the time to learn how to use it properly.

See More News

Facebook Comments ()

Comments (1)

Post a Comment

Submit

Blogs

See More

See More

See More

See More

LCT Store

LCT Magazine - September 2016 $12.95 COVER STORY: * How Do We Max Our Markets? * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close