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Announced

Completed

Palladium Equity Partners completed the acquisition of ALC Schools and Red Rock Technology from American Logistics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Transportation Services

transportation solutions

Acquisition

Private Equity

Friendly

United States

Private

Majority

Completed

Single Bidder

Domestic

transportation services

Synopsis

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Palladium Equity Partners completed the acquisition of ALC Schools and Red Rock Technology, two mission-driven providers of alternative transportation solutions to school districts in the United States, from American Logistics. Financial terms were not disclosed. "We are excited to partner with Palladium during our next phase of growth. We see significant opportunity to expand ALC's role in helping districts serve their special needs student populations with dependable, efficient and cost-effective transportation solutions," Gregg Prettyman, ALC COO.

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