Top Driver Acquires Mr. Zip's Driving School
3 November 1999
Top Driver Acquires Mr. Zip's Driving School; Leadership Position Established in Novice Driver EducationAKRON, Ohio, Nov. 3 -- Top Driver, the nation's fastest growing driver education company, today announced that it has purchased the 11-school chain of Mr. Zip's Driving Schools ("Mr. Zip's") based in Akron, Ohio. Since June 1999, the Company has been on a torrid expansion pace and management believes that, with this most recent acquisition, Top Driver is now the largest novice driving school in the United States. "Mark Zipay, owner of Mr. Zip's, has established a dominant presence in the greater Akron market over the last 22 years," stated Sebastian Giordano, Top Driver chief operating officer. "He is a dynamic entrepreneur who will play a vital role in our national expansion." In response to the acquisition, Mr. Zipay indicated that he "always believed it was just a matter of time until a national company would emerge with the vision to recognize the opportunities in this industry. But it was our shared commitment to saving lives, upgrading standards and improving the quality of customer service that convinced me to join forces with Top Driver." Mr. Zip's maintains 11 locations in Akron, Alliance, Austintown, Boardman, Canton, Gerard, Kent, Niles, Salem, East Liverpool and Fairlawn. With 44 locations in Connecticut, New Jersey, Ohio and Indiana, Top Driver employs the latest technology in touch-screen computer training, multimedia classroom instruction and one-on-one coaching in late model vehicles. It is the first to deliver standardized curriculum with automobile product and service information, MetLife Auto insurance services, driving accessories and Department of Motor Vehicle services. Several photos are available to download on The Cherenson Group's web site at http://www.cherenson.com/press_kits. For more information, contact Top Driver at 888-TOP-DRIVER or visit its web site at http://www.topdriver.com.