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  6. GO Riteway Acquires Cardinal Buses

M&A Deal Summary

GO Riteway Acquires Cardinal Buses

On February 15, 2019, GO Riteway acquired transportation company Cardinal Buses

Acquisition Highlights
  • This is GO Riteway’s 2nd transaction in the Transportation sector.
  • This is GO Riteway’s 2nd transaction in the United States.
  • This is GO Riteway’s 1st transaction in Indiana.

M&A Deal Summary
Date 2019-02-15
Target Cardinal Buses
Sector Transportation
Buyer(s) GO Riteway
Deal Type Add-on Acquisition

Target

Cardinal Buses

Middlebury, Indiana, United States
Cardinal Buses is a Midwest US-based transportation company. Cardinal Buses is headquartered in Middlebury, Indiana and has satellite offices in Mishawaka, Indiana and Holland, Michigan.

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Buyer(S) 1

Buyer

GO Riteway

Milwaukee, Wisconsin, United States
Category Company
Founded 1957
Sector Transportation
DESCRIPTION

GO Riteway is a family-held transportation company. GO Riteway has 20+ locations operating over 1,250 passenger transportation vehicles, including school buses, motorcoaches, mini coaches, black cars, and airport shuttles.

DEAL STATS #
Overall 2 of 2
Sector: Transportation M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Indiana M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-01 GO Airport Connection

Milwaukee, Wisconsin, United States

Go Airport Connection, a Milwaukee-based company that provides van and car services to General Mitchell Airport (MKE), Chicago's O'Hare (ORD) & Midway (MDW) with all of Southeastern Wisconsin. Its service area includes homes, hotels, and businesses anywhere from Northern Illinois to Door County and from Lake Michigan to Madison.

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