Company profile: Carmel Limo
1.1 - Company Overview
Company description
- Provider of car, SUV, and limousine transportation in the greater New York City area, including airport transfers to/from JFK, LaGuardia, and Newark, and service to Connecticut, New Jersey, Pennsylvania, and Westchester. Offers corporate billing accounts, a Carmel Points loyalty program for free rides, Carmel Perks app discounts, and vehicle options such as full-size sedans. Serving riders since 1978.
Products and services
- Airport Limousine Services: Fixed-fare airport transfers to and from LaGuardia ($33), JFK ($48), and Newark ($47) across the greater New York area, covering Connecticut, New Jersey, Pennsylvania, and Westchester
- Corporate Account: Cashless business account that lets companies open billing for rides, eliminating cash transactions for New York City and airport limousine travel handled under an account
- NY Limousine Service: Regional limousine transportation across New York City, Connecticut, New Jersey, Pennsylvania, and Westchester, engineered for individual riders traveling within the city and to or from New York airports
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Carmel Limo
ATS Fleet Solutions
HQ: United States
Website
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- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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Silvercar
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- Description: Provider of app-based Audi vehicle rentals with flexible durations through select Audi dealerships across the country, reimagining the airport car rental experience. Offers the Always Audi program with seven complimentary rental days for 2022+ Audi purchasers/lessees and Audi on demand Rewards for points redeemable for free days or upgrades.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
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NextBus
HQ: United States
Website
- Description: Provider of vehicle arrival and departure information systems and real-time maps for passengers and managers of public transit, shuttles, and trains, processing information to calculate predicted arrival times and transmitting arrival time predictions to homes, offices, lobbies, bus stops, cell phones, and the Internet.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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TripShot
HQ: United States
Website
- Description: Provider of a unified platform for real-time fleet operations management, tracking and optimization, offering fixed route control, on-demand transit with driver-rider matching, FlexRide hybrid service, customizable dashboards for operational metrics, parking data automation to help drivers find parking, and reservation tools for planning and tracking ridership and capacity.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
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- Backers: ββββββββββ
- Acquisitions: ββ
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Aixia Systèmes
HQ: France
Website
- Description: Provider of IT services specializing in web design for the automotive industry.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Carmel Limo
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Buyer group 2: ββββββββ ββββββββ
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Buyer group 3: ββββββββ ββββββββ
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Carmel Limo
2.2 - Growth funds investing in similar companies to Carmel Limo
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4 - Top valuation comps for Carmel Limo
4.2 - Public trading comparable groups for Carmel Limo
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