PBSC Urban Solutions

PBSC Urban Solutions Inc.
Formerly
  • Public Bike System Company
  • (Société de Vélo en Libre-Service)
Company typePrivate
IndustryBicycle-sharing systems
Founded
  • 2008; 16 years ago (2008),
  • in Montreal, Quebec, Canada
  • (as Public Bike System Company)
FounderSociété en commandite Stationnement de Montréal (SCSM)
Headquarters
Longueuil, Quebec
,
Canada
Area served
Worldwide
BrandsIconic, Boost, Fit, E-Fit
Owner
  • Lyft, Inc. (2022–present)
Websitepbsc.com
Footnotes / references

PBSC Urban Solutions, formerly the Public Bike System Company, is an international bicycle-sharing system equipment vendor with their headquarters based in Longueuil, Quebec. The company develops bicycle-sharing systems, equipment, parts, and software, and sells its products to cities in Canada, the United States, the United Kingdom, Spain, Brazil and more.[1][2][3] The company has sold about 100,000 bikes and 9,000 stations to 45 cities.[4][5][6]

Public Bike System Company (PBSC) was initially created by the City of Montreal[7][8] to supply and operate its public bike share system under the brand Bixi (later becoming Bixi Montréal), which was introduced in 2009.[9] The name 'Bixi' is a portmanteau of 'bicycle' and 'taxi'. Starting in 2010, PBSC began to export the Bixi brand of bike-share systems to various other cities.[citation needed]

Bruno Rodi purchased the international division in April 2014 and renamed the company to PBSC Urban Solutions.[10][11] (Montreal's on-the-ground Bixi bike-share operations were not included in the sale, and were reorganized under the Bixi Montréal name.) In 2015, he sold the majority share to Luc Sabbatini, who became CEO.[10]

On May 17, 2022, Lyft, Inc. acquired PBSC Urban Solutions for $160 million.[12]

  1. ^ "PBSC Urban solutions". 21 February 2020.
  2. ^ "Cities love to use our bike-sharing solutions".
  3. ^ "El sistema publico de bicicletas no llegar a Devoto en 2019".
  4. ^ "Comment j'ai implanté un système de vélopartage". 5 March 2018.
  5. ^ "The worldwide bike-sharing system provider".
  6. ^ "Homepage". PBSC Urban Solutions.
  7. ^ Austen, Ian (20 January 2014). "Canadian Company Behind Bike-Sharing Programs Seeks Bankruptcy Protection". The New York Times. Retrieved 21 January 2014.
  8. ^ "PBSC". Archived from the original on 26 August 2011. Retrieved 23 August 2011.
  9. ^ "Bikeshare: Bixi Montreal | Greater Places". greaterplaces.com. Archived from the original on 5 August 2016. Retrieved 11 June 2016.
  10. ^ a b "Bixi: PBSC Urban Solutions brings bike-sharing to the world (Part 3)". Montreal Gazette. 23 October 2015. Retrieved 14 June 2016.
  11. ^ "Bruno Rodi, PDG de Global B. Rodi inc. - La Presse+". La Presse+ (in Canadian French). 27 August 2015. Archived from the original on 11 October 2016. Retrieved 14 June 2016.
  12. ^ "Lyft, Inc. completed the acquisition of PBSC Urban Solutions Inc. for approximately $160 million". MarketScreener. Retrieved 1 January 2023.