M&A Deal Summary

National Express Group Acquires WeDriveU

On April 12, 2019, National Express Group acquired transportation company WeDriveU for 84M USD

Acquisition Highlights
  • This is National Express Group’s 3rd transaction in the Transportation sector.
  • This is National Express Group’s largest (disclosed) transaction.
  • This is National Express Group’s 3rd transaction in the United States.
  • This is National Express Group’s 1st transaction in California.

M&A Deal Summary
Date 2019-04-12
Target WeDriveU
Sector Transportation
Buyer(s) National Express Group
Deal Type Add-on Acquisition
Deal Value 84M USD

Target

WeDriveU

California, United States
website
WeDriveU, Inc. is a provider of transportation solutions, specialising in corporate shuttles serving 7 million annual passengers nationwide. WeDriveU is based in Burlingame, California.

Search 192,611 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

National Express Group

Birmingham, United Kingdom

website

Category Company
Founded 1991
Sector Transportation
Employees46,200
Revenue 2.8B GBP (2022)
DESCRIPTION

National Express Group is a transport provider delivering services in the UK, North America, Germany, Spain and Morocco. National Express Group was founded in 1991 and is based in Birmingham, the United Kingdom.

DEAL STATS #
Overall 4 of 5
Sector (Transportation) 3 of 4
Type (Add-on Acquisition) 4 of 5
State (California) 1 of 1
Country (United States) 3 of 3
Year (2019) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-08 Ecolane USA

Wayne, Pennsylvania, United States

Ecolane USA, Inc. is a technology provider of demand responsive transportation (DRT) and the paratransit solutions market. Ecolane’s software platform restores community engagement to people who might not otherwise have access and mobility.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-22 Transportes Rober

Granada, Spain

Transportes Rober operates the urban bus contract based in Granada, Spain.

Buy €13M
Mergr

Product

Company

Legal