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How Motorcoach Operators Can Prepare for a Private Equity Sale
Essential strategies to strengthen your business before entering a private equity transaction.
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SEARCHMENUSEARCHEssential strategies to strengthen your business before entering a private equity transaction.
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Before presiding over his last UMA Expo in February, METRO Executive Editor Janna Starcic spoke with Parra about the changes and challenges he’s seen in the industry, where he’s headed now, and what the industry needs to do next.
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Operators report they have stepped up efforts to find drivers and growth of transportation network companies is starting to compete for the industry’s business.
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Originally ran by the Cavallo family, the company was recently purchased by Bennett Capital Partners, a transition that has provided a continued enhancement and growth for the company, according to CEO David Warren.
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The family atmosphere is crucial to DATTCO’s success, according to Owner Don DeVivo, who runs the third-generation business with his two sons.
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While Lamers prides itself on implementing new technology and programs to make travel better for its customers, that ideal is carried over by the work it puts into training drivers.
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Rolando Cruz brings more than two decades of experience in public transportation to Big Blue Bus, most recently serving as executive director and VP, maintenance and facilities, at Calif.’s Long Beach Transit.
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Launching this month, The Autogas Refuel is a quarterly news digest providing the most current information to propane autogas public and private transportation fleets, delivered straight to their inbox.
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Several prominent Democrats, including Sen. Charles E. Schumer and Sen. Elizabeth Warren, were among those voting against Chao, who had cruised through three confirmation hearings for other cabinet positions previously without a dissenting vote.
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Award recognizes the role of women in the motor coach industry who work collaboratively on issues and concerns of women business leaders as well as industry specific trends.
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The survey showed that the growth was dominated by sales to private firms in 2016. Overall, new coach sales to companies were up by more than 195 units (10.9% increase).
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