M&A Deal Summary

Mobico Group Acquires WeDriveU

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

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

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

Target

WeDriveU

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

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Buyer(S) 1

Buyer

Mobico Group

Birmingham, United Kingdom
Category Company
Founded 1991
Sector Transportation
Employees47,700
Revenue 3.2B GBP (2023)
DESCRIPTION

Mobico Group is a transport provider delivering services in the UK, North America, Germany, Spain, and Morocco. Mobico Group was founded in 1991 and is based in Birmingham, England.

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

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