With a presence in 36 cities and 20 states, WHC Worldwide, operating as zTrip, has become the largest taxi fleet operator in the U.S. largely through acquisition-driven growth. With a remarkably refined deal strategy and new insights from a passed-over SPAC opportunity, the company is now competing with the country’s most recognizable ridesharing companies.
Founder and CEO Bill George talks about the genesis of the business, its acquisition process and the secret sauce that’s helping the company continue on its extraordinary trajectory.
Here's an excerpt:
“I had sold my company twice to a public company — the first time there was a roll up — and then a large multinational out of Paris. And on behalf of both of them, I had done acquisitions. And we looked back at what worked and what didn't work. And the fact was, I was able to buy my company back at about a fraction — 12 cents on the dollar — of what they had paid me for it. So, it gave me a different perspective as to what works and doesn't work in the acquisitions.” – zTrip Founder and CEO Bill George.
Catch the full discussion on the podcast.
