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..IN THE NEWS...IN THE NEWS


ADT TAXIS SOLD TO MBH CORPORATION PLC TO FORM ‘TAKE ME’ NETWORK


MBH Corporation plc (MBH), a diversi- fied investment holding company, has acquired 100% of East Midlands firm ADT Taxis. ADT was founded in 2002 and owns 150 vehicles and em- ploys 600 drivers. The fleet is fully cloud-based and 70% of bookings are made through a cus- tomer app devel- oped with Riide. Founder of ADT, David Hunter said: “We will be rebrand- ing as ‘Take Me’ to form an national taxi company, with 13 fleet take acquisi- tions planned for the next 12 months,


backed by MBH Corp Plc. “We plan to build a nationally recog- nised brand, using the latest technolo- gy for ride-sharing. Private hire compa- nies have made profit to survive, whereas the app companies haven’t. Our vision is to have a UK-wide branded


app,


backed by the experience and ex- pertise of local operators and using the technology pro- vided by iCabbi and Riide. We are now actively seeking companies with fleets of 50 vehicles or more to


buy with payments up front, and where possible to keep the key staff and own- ers, if the owner chooses to stay on. “I actively invite owners to contact me via email on: david@ta8me.co.uk so that we can arrange an informal coffee


“We are excited to be joining MBH at a pivotal moment for the company and the industry. “We have strong growth ambitions which MBH will be instrumental in help- ing us achieve; in the next few years our aim is to buy as many fleets as we


can in order to expand our network. “The ambition is to merge other profit making private hire fleets under one company, the ‘Take Me’ brand, and to streamline and mod- ernise them to cloud-based fleet management com- panies. “I am very excited about the future and our potential with MBH.” Callum Laing, CEO, MBH Corporation plc, said: “David and his team have sub- stantial growth plans and we are delighted to be working with them to achieve that.


“As David comment- ed, it’s an exciting moment both for his company and the industry in general - that has faced chal- lenges from in- creased competition over the past years, but that is now poised for signifi- cant growth. “As we move into a scenario where last mile logistics be- come increasingly valuable, having the experience and the network of drivers that ADT has will prove criti- cal. People, parcels or your dinner, ‘Take Me’ will ulti- mately be able to deliver.”


Calling all Operators, are y o


seek investment?


invest in you. Unlike the APP disruptors, we appreciate it is the private network, using the latest technology. You can either sell to us, or let us Take Me, backed by MBH Corporation Plc, are building a private hire


hire companies that have experience and return a profit, and not the dispatch systems. W


30 deals already done, including ADT taxis, Goldline, Aim, W your company.


Wigston Taxis, Checkline.


circumstances, if you want to retire or stay working with us. We can tailor a package to suit, based on your personal


 Buyout ( Money paid on completion )  Inve


estment ( W  Franchise


For more details, please email: john@ta8me.co.u or visit our website and fill in the contact f


SEPTEMBER 2020 form.w


www.ta8me.co.uk uk


k 19 We take equity in your business ) We therefore, want to invest in your company, or buy Westminster,


ou ready to sell? or


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