Taxi tech firm 'in gear for growth' with Midlands deal
A ride hire tech firm says it is primed to drive ahead after completing a takeover.
Veezu has bought Triple 20 Taxi Cars.
Bosses say the move for the West Midlands operator – which includes the Triple 20 Taxis and Brookfleet Cars brands – bolsters a “mission to strengthen local transport and connectivity”.
They add the swoop will expand Cardiff-headquartered Veezu’s presence into Dudley and Sandwell and build on an existing network across Birmingham, Solihull, Wolverhampton, Shrewsbury and Telford.
Founded in 2013, Veezu is known for an app that allows users to book, track and pay for taxi journeys.
Officials say it works with thousands of self-employed driver-partners, with its services licensed by more than 60 local authorities across England and Wales.
Family-run Brookfleet Cars was established in Blackheath in 1973 and, alongside Triple 20 Taxis, works with about 270 self-employed driver-partners.
Jon Martin, Veezu managing director, said: “Triple 20 Taxis and Brookfleet Cars are highly respected local brands with strong ties to communities across Dudley and Sandwell.
“We are delighted to welcome them into our West Midlands network.
“This next joint chapter means even better support for people’s travel needs around the clock.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline
Devolution needs financial firepower to drive growth
The value of creating a stronger careers route
Apprenticeships: Invest in talent or keep chasing it