Announced
Completed
Financials
Sources
Tags
Completed
student transportation
Domestic
transportation platform
United States
Transportation Services
Private
Majority
Single Bidder
Acquisition
Friendly
Private Equity
Synopsis
The Audax Group-backed Beacon Mobility, a family of transportation companies, completed the acquisition of DS Bus Lines and Midwest Bus Sales, transportation platforms that specialize in student transportation and dealership services, from The Kincaid Group, a holding company. Financial terms were not disclosed. “DS Bus Lines and Midwest Bus Sales are welcome additions to our growing transportation family as we continue to expand into new states in the Midwest and Southwest. These family-owned companies were founded on strong core principles with the goal of dutifully serving customers and creating excellent career pathways for employees, and we are thrilled to join forces to keep serving our schools and communities for all their transportation needs,” Judith Crawford, Beacon Mobility CEO.
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