Announced
Completed
Financials
Tags
Transportation Services
transportation solutions
Acquisition
Private Equity
Friendly
United States
Private
Majority
Completed
Single Bidder
Domestic
transportation services
Synopsis
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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