M&A Deal Summary

ComfortDelGro Acquires Buslink Pty

On November 5, 2018, ComfortDelGro acquired transportation company Buslink Pty for 187M USD

Acquisition Highlights
  • This is ComfortDelGro’s 9th transaction in the Transportation sector.
  • This is ComfortDelGro’s largest (disclosed) transaction.
  • This is ComfortDelGro’s 3rd transaction in Australia.

M&A Deal Summary

Date 2018-11-05
Target Buslink Pty
Sector Transportation
Buyer(s) ComfortDelGro
Deal Type Add-on Acquisition
Deal Value 187M USD

Target

Buslink Pty

Berrimah, Australia
website
Buslink Pty Ltd. is an owns and operates a fleet of 401 buses across four states in Australia providing public bus, school bus, and charter bus services. Buslink is based in Berrimah, Australia.

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Buyer(S) 1

Buyer

ComfortDelGro

Singapore, Singapore

website


Category Company
Founded 2003
Sector Transportation
Employees24,025
Revenue 3.2B SGD (2020)
DESCRIPTION

ComfortDelGro is a provider of transportation services. ComfortDelGro was founded in 2003 and is based in Singapore.


DEAL STATS #
Overall 10 of 12
Sector (Transportation) 9 of 11
Type (Add-on Acquisition) 8 of 10
Country (Australia) 3 of 4
Year (2018) 1 of 1
Size (of disclosed) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-21 ComfortDelGro Cabcharge Pty

Seven Hills, Australia

ComfortDelGro is one of the world’s largest land transport companies with a total fleet size of over 45,300 buses, taxis and rental vehicles. It operates in seven countries - Singapore, China, the United Kingdom, Ireland, Australia, Vietnam and Malaysia – giving it the broadest footprint amongst its international peers.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-21 Young’s Bus Service

Rockhampton, Australia

Young’s Bus Service is a bus operator in Rockhampton and operates Urban Regional Bus and School Bus Service Contracts which provide dedicated routes and school bus services under long-term contracts with the State Department of Transport and Main Roads for Queensland. Young’s Bus Service is based in Rockhampton, Australia.

Buy AU$18M