M&A Deal Summary

Keolis America Acquires Tectrans

On November 30, 2011, Keolis America acquired transportation company Tectrans from Huron Capital

Acquisition Highlights
  • This is Keolis America’s 1st transaction in the Transportation sector.
  • This is Keolis America’s 1st transaction in the United States.
  • This is Keolis America’s 1st transaction in California.

M&A Deal Summary
Date 2011-11-30
Target Tectrans
Sector Transportation
Buyer(s) Keolis America
Sellers(s) Huron Capital
Deal Type Add-on Acquisition
Advisor(s) BB&T Capital Markets (Financial)

Target

Tectrans

Los Angeles, California, United States
Tectrans provides passenger ground transportation solutions for governmental agencies, medical and senior care organizations, the private sector and individual consumers. Tectrans’ services include paratransit (including service mandated by the Americans with Disabilities Act), fixed route shuttles, taxi, non-emergency medical transit, brokerage/call center management, and other transportation support services.

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Buyer(S) 1

Buyer

Keolis America

Rockville, Maryland, United States
Category Company
Sector Transportation
DESCRIPTION

Keolis America, Inc. is a provider of transportation solutions.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1

Seller(S) 1

SELLER

Huron Capital

Detroit, Michigan, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 1.8B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Huron Capital Partners is a private equity firm that seeks to acquire or recapitalize niche manufacturers, value-added distributors and specialty service companies. Prospective transaction situations include management buyouts, corporate spin-offs, recapitalizations, family successions and consolidations. Huron prefers opportunities located in the US and Canada. Target companies typically have revenues between $20 and $200 million and EBITDA of at least $5 million. Huron can commit up to $10 million and $50 million of equity capital per transaction. Huron Capital Partners was formed in 1999 and has offices in Detroit, Michigan and Ontario, Canada.

DEAL STATS #
Overall 14 of 35
Sector (Transportation) 1 of 2
Type (Add-on Acquisition) 6 of 13
State (California) 1 of 3
Country (United States) 14 of 32
Year (2011) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-01 IQ Brands

Advance, North Carolina, United States

IQ Brands is a designer and distributor of fashion casual and athletic socks. IQ Brands industry-renowned in-house design team captures the latest trends in the colored and patterned sock category and sells private label, licensed, and branded merchandise to specialty footwear retailers, sporting goods stores, department stores, and discount retailers. IQ Brands was founded in 1999 and is based in Advance, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-18 Bloomer Plastics

Bloomer, Wisconsin, United States

Bloomer Plastics, Inc. is a manufacturer of custom cast embossed and blown film structures across a range of end markets.

Buy -
Mergr

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