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MADISON, Wisconsin and PHILADELPHIA, Pennsylvania - Bicycle Transit Systems (Bike Transit) and BCycle have signed a strategic alliance agreement to cement the relationship of the industry-leading bike share operator and equipment provider. Since 2015, the companies have implemented four bike share systems together: Philadelphia’s Indego bike share, Los Angeles’ Metro Bike Share, Las Vegas’ RTC Bike Share and Oklahoma City’s Spokies bike share (relaunch). As part of the strategic alliance, BCycle’s parent, Trek Bicycle, is making an equity investment in Bike Transit.
“I am elated to cement this relationship with BCycle and Trek, as we are both best-in-class bike share service providers, and committed to creating an optimal bike share customer experience,” said Alison Cohen, President and CEO of Bicycle Transit Systems. “I am proud to team with BCycle, a company with strong financial stability, highly professional operations and people who share our key values of under-promising, over-delivering and acting with integrity, honesty and kindness in all dealings.” This transaction will allow the two companies to offer communities in the US and internationally world-class, premium bike share operations, equipment, software and service. Trek’s investment ensures financial stability for the company, as well as the ability to rapidly expand current systems and launch new systems.
“We are committed to finding additional ways for even more communities to introduce bike share to their residents and visitors,” Burns said. “Bike Transit’s proven leadership in bike share operations is undeniable. Our experience with them has been extremely positive, and we can’t wait to work together to offer even more communities an integrated bike share ecosystem that furthers the bicycle’s – and bike share’s – role in public transit.”
The strategic alliance allows for collaborative product development and operations to ensure that cities receive a system that works best for their needs, starting with a seamless install to consistent operations and customer service. Cities looking to bring bike share to their communities can now enjoy the benefit of “one stop shopping” by working with BCycle and Bike Transit through this new strategic alliance. BCycle will provide the hardware and software while Bike Transit will provide full-service operations.
BCycle currently has more than 1,290 stations and 11,000 bikes on the ground in 43 communities in North and South America, while Bike Transit operates bike share programs in Philadelphia, Los Angeles, Oklahoma City and Las Vegas.
Metro Board approves regional bikeshare vendor | The Source
Biking across Philly: Independence from the trodden path | Washington Post
Biking Through History in Philadelphia | New York Times
As Indego gets in gear, bike-share entrepreneur says Philly learned from other cities' trials | WHYY Newsworks
Indego Launch Fueled By Neighborhood Bike Works Youth | Generocity
Has Philadelphia Made A Bike Share That Can Get The Entire City Biking? | Fast Company
Officials, residents work to make Oklahoma City more bike-friendly | NewsOK