Transit Technologies Acquires TripShot
3/6/2024
Transit Technologies has acquired TripShot. The acquisition is set to redefine standards of transportation services and fleet management by further integrating technology solutions into the Transit Technologies mobility platform.
“This is more than a strategic expansion; it’s a leap toward a future where transit is more efficient, reliable, and inclusive,” said Gerry Leonard, CEO of Transit Technologies. “By integrating this advanced platform, we are not just streamlining operations, we’re seeing new benchmarks for what transit systems can achieve. We are very excited about the ability of TripShot to add significant value to Transit Technologies’ expansive technology platforms serving over 3,000 clients worldwide today.”
“Today is a fantastic day for TripShot clients, partners, and staff,” said Wayne Lewis, co-founder and chief executive officer of TripShot. “Together, Transit Technologies and TripShot take the next big step executing our shared vision of driving innovation in the transportation space and realizing mobility for all. With the tremendous know-how and resources of Transit Technologies, we look forward to expanding the reach, capability, and value of our leading mobility solutions.”