Like A & E Transport Services, Inc.

closed 2/29/2008 via Company Press Release

Durham School Services, acquired A & E Transport Services, Inc.

synopsis: Durham School Services, the second largest student transportation provider in the United States, announced the acquisition of A&E Transport Services Inc. Headquartered in Oswego, New York, A&E operates approximately 300 school buses in New York State and has been serving this area for more than 26 years.
buyer: Durham School Services
Durham School Services is a school bus company operating more than 12,500 school buses and serving more than 300 school districts in 29 states across the country. As a national company, they have a wealth of resources available to customers, and still maintain an unmatched level of local support. "
target: A & E Transport Services, Inc.
A&E Transport was founded in 1981 seeing a need for quality school busing throughout the United States. A&E Student Transportation Division was started to provide alternative transportation for school districts for their students with special needs.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/2/2020 via BusinessWire

Palladium Equity Partners LLC, acquired ALC Schools, LLC

synopsis: ALC Schools announced that it has been acquired by an affiliate of Palladium Equity Partners. Supplementing school districts transportation programs, ALC transports their most vulnerable students including special needs, displaced, and foster youth using SUVs, wheelchair accessible vans, and sedans.
buyer: Palladium Equity Partners LLC
Palladium is a middle market private equity firm with approximately $3 billion in assets under management. The firm seeks to acquire and grow companies in partnership with founders and experienced management teams by providing capital, strategic guidance and operational oversight. "
target: ALC Schools, LLC
ALC Schools is the leading alternative student transportation company in the country. Supplementing school districts transportation programs, ALC transports their most vulnerable students including special needs, displaced, and foster youth using SUVs, wheelchair accessible vans, and sedans.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/5/2018 via PE Hub

Audax Group, acquired Van Pool Transportation

synopsis: Audax Private Equity, a leading investor in middle market companies, has acquired Van Pool Transportation, a provider of outsourced transportation services for K-12 students with special needs. Van Pool handles the entire process of moving students to and from their schools to help administrators and district staff save time and resources.
buyer: Audax Group
Audax Private Equity builds leading middle market companies. Audax has invested $4.5 billion in 113 platform and 672 add-on companies. Through its disciplined Buy & Build approach, Audax seeks to help platform companies execute add-on acquisitions that fuel revenue growth. "
target: Van Pool Transportation
Van Pool is a provider of outsourced transportation services for K-12 students with special needs. Van Pool serves over 100 school districts and 5,000 students in Massachusetts and Connecticut. They handle the entire transportation process to help administrators and staff save time and resources.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/14/2011 via PR Newswire

Student Transportation, Inc., purchased Ridge Road Express, Inc. from Grand Tours

synopsis: Sun Mergers & Acquisitions, LLC is pleased to announce that its client, Ridge Road Express, Inc., a wholly-owned subsidiary of Grand Island Transit Corporation, and Scholastic Transportation Management Services, Inc. (STI) of Lockport, NY, has been acquired by Student Transportation, Inc.
buyer: Student Transportation, Inc.
Student Transportation Inc. is committed to providing the highest level of safe, reliable and cost-effective student transportation to school districts throughout North America. "
seller: Grand Tours
Ridge Road Express, a family owned school bus and charter service company was established more than 80 years ago.
price ($mm)
$24
rev ($mm)
$16
EBITDA ($mm)
EV / rev
1.5x
EV / EBITDA
closed 1/14/2011 via PR Newswire

Student Transportation, Inc., acquired Kevah Konner, Inc.

synopsis: Kevah Konner, Inc., a transportation company with a special focus on pupil and early learning public and private schools, athletics, and camp bus/van service in its immediate geographic area, has been acquired by Student Transportation, Inc.
buyer: Student Transportation, Inc.
Student Transportation Inc. is committed to providing the highest level of safe, reliable and cost-effective student transportation to school districts throughout North America. "
target: Kevah Konner, Inc.
Kevah Konner, Inc. is a private company categorized under Buses-School Transportation Service and located in Pine Brook, NJ.
price ($mm)
$3.50
rev ($mm)
$5
EBITDA ($mm)
EV / rev
0.7x
EV / EBITDA
closed 9/21/2011 via BNC Analysis

All-Star Driver LLC, purchased Connecticut Operations from Top Driver

synopsis: Top Driver, based in Illinois, sold to All-Star its Connecticut locations in Avon, Hamden, Torrington and Westport, as well as 15 programs it conducts for state high schools, mostly in Fairfield and Hartford counties. Included in the high school programs are classes conducted at Southington High School and Terryville High School in Plymouth.
buyer parent: All-Star Transportation, Inc.
buyer: All-Star Driver LLC
All-Star Driver is a family owned, family operated driving school with a headquarters in Watertown CT. Now operating in 23 locations in the State of CT, All-Star Driver is the largest driving school in the state. "
seller parent: Winona Capital Management
seller: Top Driver
Top Driver Inc. provides driver education and training services. The company offers road safety training services. It has strategic alliances with Best Buy Co., Inc. The company’s clientele includes Alcoa, Inc., Cable Express, NASA, Ford Motor Company, Dupont, and Motorola.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/11/2019 via Company Press Release

National Express LLC, acquired WeDriveU

synopsis: WeDriveU, the leader in transportation solutions specializing in corporate and university shuttles, announced that National Express Group Holdings Limited has acquired a majority stake. National Express LLC is the North American subsidiary of National Express Group, PLC, one of the premier transportation firms in the UK.
buyer parent: National Express Group PLC
buyer: National Express LLC (LSE:NEX:$3,198.30)
National Express LLC is the North American subsidiary of National Express Group, PLC, one of the premier transportation firms in the UK. NELLC is a leader in transit and student transportation, providing the highest level of safety, transportation, and customer service. "
target: WeDriveU
WeDriveU is the leader in transportation solutions, specializing in corporate and university shuttles. Recognized as a pioneer in mobility, WeDriveU is a strategic partner to the world’s top brands, with client programs that consistently earn awards for excellence in commuting and sustainability.
price ($mm)
$84*
rev ($mm)
$140
EBITDA ($mm)
$21
EV / rev
1.0x
EV / EBITDA
6.7x
closed 7/12/2013 via BusinessWire

Enterprise Holdings, acquired Zimride

synopsis: Enterprise Holdings announced that it is acquiring the business of Zimride, an online service that efficiently connects drivers, passengers and partners with colleges and universities to facilitate sustainable transportation-management solutions. Zimride is the largest ride-matching program in the United States with more than 350,000 users.
buyer: Enterprise Holdings
Enterprise Holdings and its affiliate Enterprise Fleet Management together offer a total transportation solution. Combined, these businesses, which include extensive car rental and car-sharing services, commercial truck rental, corporate fleet management and retail car sales. "
target parent: Lyft
target: Zimride
Zimride makes sharing rides for drivers and passengers fun and easy. It’s a new spin on ridesharing, using social networks to enable real connections. In seconds users can set up a profile, see and book a ride in their area, or post a ride of their own.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/21/2019 via BNC Analysis

STI Education Services Group, Inc., acquired NAMEI Polytechnic Institute

synopsis: STI Education Services Group Inc. has acquired NAMEI Polytechnic Institute (NAMEI), an educational institution that offers courses in maritime transportation and marine engineering and naval architecture. 
buyer: STI Education Services Group, Inc. (PSE:STI:$54.75)
STI Education Services Group, Inc. is one of the largest network of schools in the Philippines providing a range of highly-relevant academic programs in the fields of Information & Communications Technology, Business, Engineering, Healthcare, and more. "
target: NAMEI Polytechnic Institute
Mandaluyong-based maritime school NAMEI Polytechnic Institute offers courses in Maritime Transportation and Marine Engineering and Naval Architecture.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/13/2017 via Company Press Release

Park N Party, acquired Yardslot, Inc.

synopsis: Park n Party, a sports and entertainment parking reservation and tailgate planning network, has acquired Yardslot, a web-based platform that allows users to sell and reserve private parking spaces for SEC football game days. Yardslot's unique “park in advance” method lowers costs, saves time, and maximizes efficiency.
buyer: Park N Party
Park n Party is a sports and entertainment parking reservation and tailgate planning network. Park n Party’s online marketplace enables parking lot owners to offer parking spaces, tailgate spots, and amenities to event-goers who can reserve them in advance of event day or on a full-season basis. "
target: Yardslot, Inc.
Founded in 2015, Yardslot is a web-based platform that allows users to sell and reserve private parking spaces for SEC football game days. Their unique “park in advance” method lowers costs, saves time, and maximizes efficiency.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/29/2008 via Company Press Release

Durham School Services, acquired A & E Transport Services, Inc.

synopsis: Durham School Services, the second largest student transportation provider in the United States, announced the acquisition of A&E Transport Services Inc. Headquartered in Oswego, New York, A&E operates approximately 300 school buses in New York State and has been serving this area for more than 26 years.
buyer: Durham School Services
Durham School Services is a school bus company operating more than 12,500 school buses and serving more than 300 school districts in 29 states across the country. As a national company, they have a wealth of resources available to customers, and still maintain an unmatched level of local support. "
target: A & E Transport Services, Inc.
A&E Transport was founded in 1981 seeing a need for quality school busing throughout the United States. A&E Student Transportation Division was started to provide alternative transportation for school districts for their students with special needs.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/29/2008 via Company Press Release

Durham School Services, acquired A & E Transport Services, Inc.

synopsis: Durham School Services, the second largest student transportation provider in the United States, announced the acquisition of A&E Transport Services Inc. Headquartered in Oswego, New York, A&E operates approximately 300 school buses in New York State and has been serving this area for more than 26 years.
buyer: Durham School Services
Durham School Services is a school bus company operating more than 12,500 school buses and serving more than 300 school districts in 29 states across the country. As a national company, they have a wealth of resources available to customers, and still maintain an unmatched level of local support. "
target: A & E Transport Services, Inc.
A&E Transport was founded in 1981 seeing a need for quality school busing throughout the United States. A&E Student Transportation Division was started to provide alternative transportation for school districts for their students with special needs.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/29/2008 via Company Press Release

Durham School Services, acquired A & E Transport Services, Inc.

synopsis: Durham School Services, the second largest student transportation provider in the United States, announced the acquisition of A&E Transport Services Inc. Headquartered in Oswego, New York, A&E operates approximately 300 school buses in New York State and has been serving this area for more than 26 years.
buyer: Durham School Services
Durham School Services is a school bus company operating more than 12,500 school buses and serving more than 300 school districts in 29 states across the country. As a national company, they have a wealth of resources available to customers, and still maintain an unmatched level of local support. "
target: A & E Transport Services, Inc.
A&E Transport was founded in 1981 seeing a need for quality school busing throughout the United States. A&E Student Transportation Division was started to provide alternative transportation for school districts for their students with special needs.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/2/2020 via BusinessWire

Palladium Equity Partners LLC, acquired ALC Schools, LLC

synopsis: ALC Schools announced that it has been acquired by an affiliate of Palladium Equity Partners. Supplementing school districts transportation programs, ALC transports their most vulnerable students including special needs, displaced, and foster youth using SUVs, wheelchair accessible vans, and sedans.
buyer: Palladium Equity Partners LLC
Palladium is a middle market private equity firm with approximately $3 billion in assets under management. The firm seeks to acquire and grow companies in partnership with founders and experienced management teams by providing capital, strategic guidance and operational oversight. "
target: ALC Schools, LLC
ALC Schools is the leading alternative student transportation company in the country. Supplementing school districts transportation programs, ALC transports their most vulnerable students including special needs, displaced, and foster youth using SUVs, wheelchair accessible vans, and sedans.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/5/2018 via PE Hub

Audax Group, acquired Van Pool Transportation

synopsis: Audax Private Equity, a leading investor in middle market companies, has acquired Van Pool Transportation, a provider of outsourced transportation services for K-12 students with special needs. Van Pool handles the entire process of moving students to and from their schools to help administrators and district staff save time and resources.
buyer: Audax Group
Audax Private Equity builds leading middle market companies. Audax has invested $4.5 billion in 113 platform and 672 add-on companies. Through its disciplined Buy & Build approach, Audax seeks to help platform companies execute add-on acquisitions that fuel revenue growth. "
target: Van Pool Transportation
Van Pool is a provider of outsourced transportation services for K-12 students with special needs. Van Pool serves over 100 school districts and 5,000 students in Massachusetts and Connecticut. They handle the entire transportation process to help administrators and staff save time and resources.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/14/2011 via PR Newswire

Student Transportation, Inc., purchased Ridge Road Express, Inc. from Grand Tours

synopsis: Sun Mergers & Acquisitions, LLC is pleased to announce that its client, Ridge Road Express, Inc., a wholly-owned subsidiary of Grand Island Transit Corporation, and Scholastic Transportation Management Services, Inc. (STI) of Lockport, NY, has been acquired by Student Transportation, Inc.
buyer: Student Transportation, Inc.
Student Transportation Inc. is committed to providing the highest level of safe, reliable and cost-effective student transportation to school districts throughout North America. "
seller: Grand Tours
Ridge Road Express, a family owned school bus and charter service company was established more than 80 years ago.
price ($mm)
$24
rev ($mm)
$16
EBITDA ($mm)
EV / rev
1.5x
EV / EBITDA
closed 1/14/2011 via PR Newswire

Student Transportation, Inc., acquired Kevah Konner, Inc.

synopsis: Kevah Konner, Inc., a transportation company with a special focus on pupil and early learning public and private schools, athletics, and camp bus/van service in its immediate geographic area, has been acquired by Student Transportation, Inc.
buyer: Student Transportation, Inc.
Student Transportation Inc. is committed to providing the highest level of safe, reliable and cost-effective student transportation to school districts throughout North America. "
target: Kevah Konner, Inc.
Kevah Konner, Inc. is a private company categorized under Buses-School Transportation Service and located in Pine Brook, NJ.
price ($mm)
$3.50
rev ($mm)
$5
EBITDA ($mm)
EV / rev
0.7x
EV / EBITDA
closed 9/21/2011 via BNC Analysis

All-Star Driver LLC, purchased Connecticut Operations from Top Driver

synopsis: Top Driver, based in Illinois, sold to All-Star its Connecticut locations in Avon, Hamden, Torrington and Westport, as well as 15 programs it conducts for state high schools, mostly in Fairfield and Hartford counties. Included in the high school programs are classes conducted at Southington High School and Terryville High School in Plymouth.
buyer parent: All-Star Transportation, Inc.
buyer: All-Star Driver LLC
All-Star Driver is a family owned, family operated driving school with a headquarters in Watertown CT. Now operating in 23 locations in the State of CT, All-Star Driver is the largest driving school in the state. "
seller parent: Winona Capital Management
seller: Top Driver
Top Driver Inc. provides driver education and training services. The company offers road safety training services. It has strategic alliances with Best Buy Co., Inc. The company’s clientele includes Alcoa, Inc., Cable Express, NASA, Ford Motor Company, Dupont, and Motorola.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/11/2019 via Company Press Release

National Express LLC, acquired WeDriveU

synopsis: WeDriveU, the leader in transportation solutions specializing in corporate and university shuttles, announced that National Express Group Holdings Limited has acquired a majority stake. National Express LLC is the North American subsidiary of National Express Group, PLC, one of the premier transportation firms in the UK.
buyer parent: National Express Group PLC
buyer: National Express LLC (LSE:NEX:$3,198.30)
National Express LLC is the North American subsidiary of National Express Group, PLC, one of the premier transportation firms in the UK. NELLC is a leader in transit and student transportation, providing the highest level of safety, transportation, and customer service. "
target: WeDriveU
WeDriveU is the leader in transportation solutions, specializing in corporate and university shuttles. Recognized as a pioneer in mobility, WeDriveU is a strategic partner to the world’s top brands, with client programs that consistently earn awards for excellence in commuting and sustainability.
price ($mm)
$84*
rev ($mm)
$140
EBITDA ($mm)
$21
EV / rev
1.0x
EV / EBITDA
6.7x
closed 7/12/2013 via BusinessWire

Enterprise Holdings, acquired Zimride

synopsis: Enterprise Holdings announced that it is acquiring the business of Zimride, an online service that efficiently connects drivers, passengers and partners with colleges and universities to facilitate sustainable transportation-management solutions. Zimride is the largest ride-matching program in the United States with more than 350,000 users.
buyer: Enterprise Holdings
Enterprise Holdings and its affiliate Enterprise Fleet Management together offer a total transportation solution. Combined, these businesses, which include extensive car rental and car-sharing services, commercial truck rental, corporate fleet management and retail car sales. "
target parent: Lyft
target: Zimride
Zimride makes sharing rides for drivers and passengers fun and easy. It’s a new spin on ridesharing, using social networks to enable real connections. In seconds users can set up a profile, see and book a ride in their area, or post a ride of their own.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/21/2019 via BNC Analysis

STI Education Services Group, Inc., acquired NAMEI Polytechnic Institute

synopsis: STI Education Services Group Inc. has acquired NAMEI Polytechnic Institute (NAMEI), an educational institution that offers courses in maritime transportation and marine engineering and naval architecture. 
buyer: STI Education Services Group, Inc. (PSE:STI:$54.75)
STI Education Services Group, Inc. is one of the largest network of schools in the Philippines providing a range of highly-relevant academic programs in the fields of Information & Communications Technology, Business, Engineering, Healthcare, and more. "
target: NAMEI Polytechnic Institute
Mandaluyong-based maritime school NAMEI Polytechnic Institute offers courses in Maritime Transportation and Marine Engineering and Naval Architecture.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/13/2017 via Company Press Release

Park N Party, acquired Yardslot, Inc.

synopsis: Park n Party, a sports and entertainment parking reservation and tailgate planning network, has acquired Yardslot, a web-based platform that allows users to sell and reserve private parking spaces for SEC football game days. Yardslot's unique “park in advance” method lowers costs, saves time, and maximizes efficiency.
buyer: Park N Party
Park n Party is a sports and entertainment parking reservation and tailgate planning network. Park n Party’s online marketplace enables parking lot owners to offer parking spaces, tailgate spots, and amenities to event-goers who can reserve them in advance of event day or on a full-season basis. "
target: Yardslot, Inc.
Founded in 2015, Yardslot is a web-based platform that allows users to sell and reserve private parking spaces for SEC football game days. Their unique “park in advance” method lowers costs, saves time, and maximizes efficiency.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like A & E Transport Services, Inc.


read more

A & E Transport Services, Inc.

ALC Schools, LLC

Van Pool Transportation

Grand Tours

Kevah Konner, Inc.

Top Driver

WeDriveU

Zimride

NAMEI Polytechnic Institute

Yardslot, Inc.

read more

A & E Transport Services, Inc.

read more

A & E Transport Services, Inc.

read more

A & E Transport Services, Inc.

ALC Schools, LLC

Van Pool Transportation

Grand Tours

Kevah Konner, Inc.

Top Driver

WeDriveU

Zimride

NAMEI Polytechnic Institute

Yardslot, Inc.

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