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  5. ComfortDelGro Acquires A2B

M&A Deal Summary

ComfortDelGro Acquires A2B

On December 22, 2023, ComfortDelGro acquired business services company A2B for 182M AUD

Acquisition Highlights
  • This is ComfortDelGro’s 1st transaction in the Business Services sector.
  • This is ComfortDelGro’s 2nd largest (disclosed) transaction.
  • This is ComfortDelGro’s 5th transaction in Australia.

M&A Deal Summary
Date 2023-12-22
Target A2B
Sector Business Services
Buyer(s) ComfortDelGro
Deal Type Add-on Acquisition
Deal Value 182M AUD

Target

A2B

Sydney, Australia
A2B provides pay for taxi related services domestically and internationally. A2B was founded in 1976 and is based in Sydney, Australia.

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Buyer(S) 1

Buyer

ComfortDelGro

Singapore, Singapore
Category Company
Founded 2003
Sector Transportation
Employees24,535
Revenue 4.5B SGD (2024)
DESCRIPTION

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

DEAL STATS #
Overall 13 of 13
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 11 of 11
Country: Australia M&A 5 of 5
Year: 2023 M&A 1 of 1
Size (of disclosed) 2 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-10 Ming Chuan Transportation

Singapore, Singapore

Ming Chuan Transportation offers transportation services to clients who operate a network of day-care and physical disability centers across Singapore.

Buy S$9M
Mergr

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