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Industry leader and California operator Maurice Brewster contributes insights to a Wall Street Journal article.
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VALHALLA, N.Y. — Leros Point to Point , a large fleet operation in the tri-state region, closed a deal July 19 to acquire AAA Worldwide Transportation.
AAA Worldwide Transportation, based in Clinton, N.J., will continue to operate in its current location for the near future. The addition of AAA Worldwide Transportation allows Leros Point to Point to expand its New Jersey presence.
“Scott Greenwald and Ken Schapiro have done a great job building an excellent team that provides first-class service," said Michael Basso, the COO of Leros Point to Point. "We look forward to continuing that same service while providing AAA customers access to a much larger diverse fleet and worldwide network.” .
With the addition of AAA Worldwide Transportation, Leros Point to Point will be adding 30 vehicles and 50 employees. Leros Point to Point will operate a diversified fleet of more than 375 vehicles within the New York tri-state area consisting of sedans, SUVs, vans, minibuses, and full-size motorcoaches.
The combination of Leros Point to Point and AAA Worldwide Transportation will create an extremely competitive organization positioned for greater growth, and with the financial strength to better manage market challenges and weather economic volatility. The combination of joint resources will allow both companies to provide a more flexible and efficient customer service model.
Scott Greenwald, GM and partner at AAA Worldwide Transportation, said, “It is a great feeling knowing Leros Point to Point is committed to excellence. Ken and I know our customers will enjoy the more diverse product offerings while continuing to receive that personal touch.”
Since 1983, Leros has been family owned and operated. It began like any other small start-up with a few energetic people coming together with a passion and a vision. Since then, Leros has grown into a leading provider of global executive chauffeured services with their corporate headquarters located in Valhalla, N.Y.
Leros’ international network covers more than 770 cities in the North America, Europe, South America, Asia, and Australia.
Interested parties can learn more about Leros Point to Point by calling (800) 825.3767 or visiting online at LerosLimo.com.
Founded in 1991, AAA Worldwide Transportation is headquartered in Clinton, N.J. It has an expansive list of clients, a loyal staff of 50 employees, and a meticulously maintained fleet of 30 vehicles servicing clients in New Jersey and the surrounding areas.
Interested parties can learn more about AAA Worldwide Transportation by calling (800) 932.7789 or visiting online at AAAWorldwideTrans.com
Source: Press release
Related Topics: business deals, Jeff Nyikos, Leros Point to Point, mergers & acquisitions, New Jersey operators, New York operators
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