Saturday, September 23, 2023
Leros Point to PointLeros Point to Point COO Michael Basso Valhalla, N.Y. — Leros Point to Point is excited to announce the acquisition of AAA Worldwide Transportation. Based out of Clinton, N.J., AAA Worldwide Transportation will continue to operate in its current location for the immediate future. The addition of AAA Worldwide Transportation allows Leros Point to Point to continue to grow its New Jersey footprint.

“We’re very excited about the acquisition. Scott Greenwald and Ken Schapiro have done a great job building an excellent team that provides first-class service. We look forward to continuing that same service while providing AAA customers access to a much larger diverse fleet and worldwide network,” said Leros Point to Point COO Michael Basso.

With the addition of AAA Worldwide Transportation, Leros Point to Point will be adding 30 vehicles and 50 employees, and will operate a diversified fleet of over 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 winning combination of joint resources will allow both companies to provide a more flexible and efficient customer service model.

AAA Worldwide Transportation GM and Partner Scott Greenwald, 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.”

This, of course, is Leros Point to Point’s second acquisition in less than a year. In November 2018, the company announced their purchase of Royal Coachman Worldwide in Denville, N.J. Basso shared his experience with that acquisition during a panel devoted to M&A during May’s Chauffeur Driven Executive Retreat in Austin, Texas.

Visit leroslimo.com for more information.