Trending...
- One Night. One Encounter. A New Season Of Purpose
- Dynamic Relaunch as AI Predictive Cybersecurity Company Optimized to Prevent Threats Proactively: Cycurion, Inc. (N A S D A Q: CYCU)
- Expanding Into Medically Supervised Wellness With Major Apollo Wellness Centers Announcement; Sibannac, Inc. (Stock Symbol: SNNC)
PHILADELPHIA, Sept. 18, 2024 ~ Bicycle Transit Systems, Inc. (BTS) has announced its acquisition of BCycle from Trek, making it the only docked bike share company in North America with fully integrated end-to-end operations. This strategic move will allow BTS to expand its mobility options in cities nationwide and provide seamless solutions for building, installing, and managing docked, electrified bike share systems.
With this acquisition, BTS will now have the capability to offer improved real-time solutions to pressing equity, safety, and climate challenges. The company's new end-to-end services will also help reduce operating costs and enhance the overall customer experience for riders.
Currently, BTS operates bike share systems in major cities such as Los Angeles, Philadelphia, and Las Vegas. It also provides full-service customer support for an additional 24 cities across the United States. After the acquisition is finalized in October, BTS will become the largest docked bike share provider in the country by number of communities served.
The acquisition includes ten BCycle-owned bike share systems in various communities across the U.S., including Santa Barbara, Santa Cruz, Madison, and Boulder. Additionally, BTS will take on bikes, docking stations, and software support for 15 other communities such as Indianapolis, Salt Lake City, Cincinnati, and Milwaukee.
More on The PennZone
By bringing all aspects of bike share under one company's umbrella, BTS can now deliver innovative and affordable solutions that meet cities' needs while advancing electrification efforts. This move also aligns with the company's core mission of providing a top-notch customer experience for riders and promoting bike share as a sustainable mobility option.
According to Alison Cohen, Founder and Chair of Bicycle Transit Systems: "With greater flexibility and oversight of end-to-end services, we can design real-time solutions to the pressing equity, safety,and climate challenges cities face today." She further added that this acquisition will allow them to better fulfill their mission as a company.
Kristin Gavin-Wisniewski, CEO of BTS, will continue to lead the company's executive team. BCycle Executive Director Brian Conger will also join the leadership team as Chief Business Officer.
Trek President John Burke expressed his excitement about the acquisition, stating that BCycle has helped millions of people replace car trips with a more environmentally friendly option since its inception in 2008. He believes that BTS will take this mission even further and make a meaningful impact for the benefit of our planet and future generations.
With this acquisition, Bicycle Transit Systems is poised to become a major player in the bike share industry, offering comprehensive and sustainable solutions for cities across the country.
With this acquisition, BTS will now have the capability to offer improved real-time solutions to pressing equity, safety, and climate challenges. The company's new end-to-end services will also help reduce operating costs and enhance the overall customer experience for riders.
Currently, BTS operates bike share systems in major cities such as Los Angeles, Philadelphia, and Las Vegas. It also provides full-service customer support for an additional 24 cities across the United States. After the acquisition is finalized in October, BTS will become the largest docked bike share provider in the country by number of communities served.
The acquisition includes ten BCycle-owned bike share systems in various communities across the U.S., including Santa Barbara, Santa Cruz, Madison, and Boulder. Additionally, BTS will take on bikes, docking stations, and software support for 15 other communities such as Indianapolis, Salt Lake City, Cincinnati, and Milwaukee.
More on The PennZone
- MoMojo Records Signs Gary Nicholson
- Steve Weclew is Appointed by STS Capital Partners as Managing Director
- Communities In Schools of Eastern Pennsylvania Honors United Way and Local Leaders
- New Finnish Affiliate Site Ilmaiskierrokset.com Puts Wager-Free Spins in the Spotlight
- Major FDA Victory; Preservative-Free Ketamine Approved Ahead of November 10 Goal Date as Commercial Launch Opportunity Comes Into Focus for NRx Pharma
By bringing all aspects of bike share under one company's umbrella, BTS can now deliver innovative and affordable solutions that meet cities' needs while advancing electrification efforts. This move also aligns with the company's core mission of providing a top-notch customer experience for riders and promoting bike share as a sustainable mobility option.
According to Alison Cohen, Founder and Chair of Bicycle Transit Systems: "With greater flexibility and oversight of end-to-end services, we can design real-time solutions to the pressing equity, safety,and climate challenges cities face today." She further added that this acquisition will allow them to better fulfill their mission as a company.
Kristin Gavin-Wisniewski, CEO of BTS, will continue to lead the company's executive team. BCycle Executive Director Brian Conger will also join the leadership team as Chief Business Officer.
Trek President John Burke expressed his excitement about the acquisition, stating that BCycle has helped millions of people replace car trips with a more environmentally friendly option since its inception in 2008. He believes that BTS will take this mission even further and make a meaningful impact for the benefit of our planet and future generations.
With this acquisition, Bicycle Transit Systems is poised to become a major player in the bike share industry, offering comprehensive and sustainable solutions for cities across the country.
0 Comments
Latest on The PennZone
- Dr. Marilyn Pendelton Releases The Grief Reset to Address Grief Beyond Death
- AeroNet Deploys netElastic vBNG and CGNAT with Tarana Wireless to Deliver Scalable, Fiber-Class Broadband Across Puerto Rico
- New Atlas Maps the 38 States Behind Every Conversation
- Atlanta Company Launches Free, Ad-Free, Nonpartisan Voter Planning App for All 50 States Ahead of the Nov. 3 Election
- Pastor Carlton L. Aiken Sr. Celebrates 55 Years with "Sermonic Selections"
- J. Wes Seeks Jazz Musicians, Vocalists and Bands for Philadelphia Live Music Event
- NECP Promotes Chertova to Senior Business Analyst
- Security Industry Veteran Anthony Rumore Launches AegisLead to Help Security Companies Find Business and Manage Growth
- Charlie Shaw and Patrick Carragher win SEO Agency of the Year 2026
- Canadian Woman Plants 1,667 Love Stories in a Field of Peonies That Could Bloom for 100 Years
- New Research Spotlight, Expanding TUSC2 Science & Strategic Development Milestones Put Gene Therapy Innovation into Focus for Genprex (NAS DAQ: GNPX)
- Beyond the Odds: BetQL Combines Sharp Money Trends and Real Time Odds to Help Bettors Find Value
- Mark Schork and Terri Smith Honored by Philadelphia Bar Association as 'Bar Stars'
- WebDrafter Welcomes Dreamwork Exteriors as a New Marketing Client
- Glenn Lyvers Wins 2nd Place in Arizona State Poetry Society 2026 Annual Contest
- Access Control Security Shares 5 Ways Retailers Can Prevent Holiday Theft
- Bountiful Bowl Aims to Raise $50,000 to Support Meals on Wheels of the Greater Lehigh Valley
- Extreme Lead Program Highlights $27 Real Human Traffic Test for Affiliate and Network Marketers
- Longevity Academy Features Gail Humble, MD of KLOTHO SKIN in the Longevity Leaders Project
- Datavalet Named One of Quebec's Best Workplaces™ for 2026