Gets Millions to Expand

See the Phoenix Business Journal article here.

Scottsdale Equity Firm’s Limo Company Gets Millions to Expand

Phoenix Business Journal by Patrick O’Grady, Reporter
Date: Friday, October 7, 2011, 3:00am MST

A Scottsdale private equity firm is seeing one of its portfolio companies garner more interest as it rolls out new services.

San Francisco-based LLC, owned by Canal Partners LLC, received a $10 million commitment earlier this year from Texas-based Austin Ventures and closed last week on a $3.5 million loan from Comerica to spur business development. also has expanded into corporate transportation and launched a smartphone application last month to streamline its reservation process.

Read the rest of the article here.