Add-on Acquisition • Transportation

ComfortDelGro Acquires Buslink Pty

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date November 5, 2018
Target Buslink Pty
Sector Transportation
Buyer(s) ComfortDelGro
Deal Type Add-on Acquisition
Deal Value 187M USD

Target Company

Buslink Pty

Berrimah, Australia
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 Overview 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 Context for Buyer #
Overall 10 of 13
Sector: Transportation 9 of 11
Type: Add-on Acquisition 8 of 11
Country: Australia 3 of 5
Year: 2018 1 of 1
Size (of disclosed) 1 of 11
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