Limos.com acquired by iCars in plan for market domination
Today it has been announced that iCars, the infamous B2B platform and app, has acquired Limos.com. As the leading transport firm connecting corporations with professional chauffeur rides, this marriage of minds simply makes sense, with both businesses possessing the skill-set to accelerate iCars into new realms. Having raised over $20 million in equity, Limos.com enjoys a colossal three million visitors per year, as well as l4.5 million users in its database.
Gary Bauer, Chairman and CEO of Limos.com predicts the partnership will generate $65 million to $70 million in earnings for 2017 alone, now enjoying the technology they need to lord the industry indefinitely.
“All leads from iCARS and Limos.com will be pushed to partner operators,” says Bauer.
Focusing on business travellers and leisure clients, executive cars is very much their niche, believing their personal touch to enable them to get into bed with big corporate clients following this acquisition.
Bauer said, “We’re picking up major corporate accounts to drive business to small and medium size operators. You don’t have to be one of the top five operators to get work from these large companies” he continues.
The acquisition will simply speed up the sales process, with all of iCars and Limos.com leads being put into one pot.
“For the 1,000 operators already signed up with Limos.com, it’s business as usual, except they will have more opportunities for leads coming from iCARS, which before the merger, had access to a network of 6,000 limousine fleet vehicles” he continues.
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