Modaxo Expands Investment in Mobile Ticketing with Acquisition of Corethree
Modaxo acquires Corethree, one of Europe’s largest providers of mobile ticketing and cashless payment technologies.Learn More
I first started out at Rockwell a long time ago doing defense electronics – designing navigation systems and weapon systems for airplanes and helicopters. I left for a couple years to a local industrial products business, and my former boss from Rockwell called me and said: ‘Hey, we’ve got to go figure out what to do with GPS on a bus. Would you be interested in coming back and helping us figure this out?’ [Laughs]
They were all military guys and they had no idea what to do with a bus! [Long pause] Although I had no idea what to do with a bus either. [Laughs] But I went back to Rockwell and figured it out. That product is TransitMaster today.
The former owner was a colleague of mine from my consulting days. She was planning to retire when the business was acquired. She called me and asked if running the business might be something I would be interested in. I was very interested. So, I interviewed for the position and it looked like a great opportunity. And here we are!
You know, helping people is the thing I like, because it’s a group, every city has a group of really good people, you know, trying to better their community. Being able to provide products and services that help them succeed in what they’re doing. With TransTrack, we can design, deploy and have solutions on the street very quickly. So the time from someone saying I’ve got a problem, to us building out a solution, we see the results of it in five months or less. There’s a lot of satisfaction from being able to very quickly help people solve problems and improve how they do business.
We’ve really been growing in a number of ways. You know, when we started, there, were only four of us and the majority of our clients were in Southern California. And now we’re growing out nationwide and adding a lot of new functionality into the product. We’re constantly growing our capabilities to support new reporting tools.
I think having the corporate backing to make investments to grow has helped us.
My goal is to continue to grow the business. We’re at that point of growing from a small to a medium sized business. So for me, it’s really about teaching the staff under me how to step up to the next level and to keep looking for new opportunities. And then building upon that.
I got tired of snow. [Laughs] The last year we were in Iowa I had a 4- wheel drive tractor that got stuck twice in my driveway in the snow. I looked at my wife and said: ‘I’m done. We’re going somewhere warmer.’
I really enjoy riding when the weather is nice. When I was in Iowa, I used to ride RAGBRAI, the annual bike ride across Iowa. It’s you and 20,000 of your closest friends. [Laughs] And it’s like a rolling party for seven days straight with food and beer tents and all that good stuff. I am not riding as much in Texas, but am still getting a few miles in each week. My wife and I also spend a fair amount of our time traveling seeing our kids and grandkids as well.
I’m walking the dog. [Laughs]
My dog’s name is Coco. As for my family, my wife has three kids from a previous marriage. I also have three kids from a previous marriage. So we are a little bit like the Brady Bunch. [Laughs] And then we have five grandkids. Sorry, six grandkids. We just had our sixth!
I’ve had a ‘shadow career’ up until about four years ago. I was a volunteer firefighter and first responder, and before that, a search and recovery diver for 25 years total.
I think it’s really cool what we’re doing. It’s the opportunity to really bring a lot of different technologies together across segments of our industry that normally you wouldn’t be able to do in one single business. And then geographically taking it worldwide.
So there’s lots of challenges. There’s lots of opportunities. It’s something different every day.