Baltimore Water Taxi Caught in the Net of Plank’s Baltimore Investments

Baltimore Water Taxi Caught in the Net of Plank’s Baltimore Investments

posted in: Baltimore City | 0

There were rumors, but now there has been confirmation. Kevin Plank, Under Armour CEO and Baltimore mogul has purchased 100% of Harbor Boating, Inc. with Sagamore Ventures- meaning Plank now owns the Water Taxi that navigates the waters of Baltimore. Big changes are afoot, as Baltimore Water Taxi president Michael McDaniel reports that “the recent renewal combined with the sale to Sagamore Ventures makes it a transformative time for Baltimore Water Taxi, which will soon feature an updated fleet, Uber-esque on-demand services, and additional routes for the federally funded Harbor Connector—a waterborne extension of the Charm City Circulator.”

PlankTaxi

Read more here on Baltimore Magazine.