Operations

Limos.com to Re-launch With Investments from Employees, Equity Group

Posted on January 4, 2009

SAN FRANCISCO — Limos.com, the highest-ranking website in terms of Internet traffic for customers searching for chauffeured transportation, has attracted key financial support from Canal Partners, a Scottsdale, Ariz.–based private equity firm that has acquired a majority interest in the privately held company.

 

The team is led by CEO T.J. Clark, who was most recently vice president of operations for IAC, which operated 85 Internet brands during his tenure, including Expedia, Hotels.com, Ticketmaster, Citysearch, Ask.com, Match.com, LendingTree, Evite, and ServiceMagic. The other key members of the team include: Doug Anderson, senior vice president of product & corporate development (Les Concierges, Hotwire.com, Hilton.com); Trevor Hart, vice president of marketing (Starwood Hotels, Hotwire.com, Delta Air Lines); Ed Park, director of technology (BabyCenter.com, Linkedin.com, Hotwire.com); and Carlos Matos, manager, Limousine Affiliate Network (Avalon Transportation, Commonwealth Transportation). Limos.com founder Michael Composto also joined in the investment and will continue to serve as an advisor.

Related Topics: Limos.com, private equity

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