Operations

San Francisco Limo Operation Gains Los Angeles Branch

Posted on August 15, 2014 by - Also by this author - About the author

LOS ANGELES — Mosaic Global Transportation, a 28-vehicle chauffeured operation in San Francisco, closed a deal July 23 to buy Spann Luxury Limousine in south Los Angeles.


Terms of the private deal were not disclosed, but Mosaic Global owner and CEO Maurice Brewster said the straight cash purchase included land and property assets, three vehicles, customer lists and good faith. Mosaic Global overall ended 2013 with $5 million in revenue and projects $6.5 million to $7 million this year as a result of expansion and Fortune 500 level transportation contracts.

Spann Luxury Limousine is located in Inglewood near Florence Avenue and La Cienega Boulevard, putting it near major roadways among Los Angeles International Airport, West Los Angeles and downtown Los Angeles.

The three vehicles purchased include a Lincoln Town Car sedan, a Chrysler 300 sedan and one GMC Yukon SUV. Brewster is transferring to two Lincoln MKT Town Cars and a Mercedes-Benz Sprinter Van from his San Francisco fleet down to Los Angeles, and is about to acquire four Chevrolet Suburban SUVs. The Los Angeles-based fleet will then number nine vehicles, bringing Mosaic’s total California fleet to 37 vehicles.

Spann Luxury served as Mosaic’s affiliate in Los Angeles for the last eight years when it was started by owners Ron and Erma Spann. The deal came about after the Spanns approached Brewster about buying their operation.

“They are not growing,” said Brewster, who also serves as president of the Minority Limousine Operators of America. “The effect of Uber was a small factor, but they felt they were losing business. The company is not a sales machine; it’s mostly an affiliate machine. They have some [local] clients, but most of their revenue depended on farm-in affiliates. It was a stagnant business with expenses growing, and they had to invest in new vehicles. They came to me because we already had been looking to expand in Los Angeles.”

Mosaic will run Spann Luxury under its name and website for the next several months until the Mosaic corporate entity can get official permits at all Southern California airports. Then, Spann will be absorbed into Mosaic. Spann staff members are visiting Mosaic offices in San Francisco next week for more orientation and training on Livery Coach software and Mosaic’s accounting systems.

“We’re going to end up creating jobs in Los Angeles for this new entity, and will end up having eight chauffeurs and three staff,” Brewster said. Mosaic has 47 employees at its San Francisco Bay Area operations, located near Redwood City south of the San Francisco International Airport.

Mosaic plans major announcements this fall about an expansion into a big East Coast city market and a new Fortune 500 company contract.

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

More News

These Brothers Succeed By Following The Rules

eNews Exclusive: Selim and Umut Aslan avoid cutting corners while working in the regulatory heavy state of California.

Brazil Operation Builds Affiliate Trust At Home And Abroad

Flavia Coppa of Shift Corporate Mobility gets to know the companies she works with wherever they are by using whatever means possible.

Uber Extends Sexual Harassment Probe

The TNC faces more pressure over the results of its review, particularly after the scandal that ousted Fox News' Bill O'Reilly. 

 

Only 4% Of Uber Drivers Stay A Year Or More

Retention is an even worse problem for the TNC than for the taxi and limo industries.

New Jersey Operators Are Perfect Mix Of Old And New

eNews Exclusive: The co-owners of First Choice Limousine play to their strengths to create a blend of traditional customer service with an understanding of the Millennial mentality.

See More News

Facebook Comments ()

Comments (1)

Post a Comment

Submit

Blog

See More

LCT Store

LCT Magazine - April 2017 $12.95 F&I / SPECIAL EVENTS ISSUE COVER STORY: * Don't Panic: Confronting Worst Fears - Fleet Risks * *



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