M&A Deal Summary

RMA Worldwide Chauffeured Transportation Acquires Addison Lee US

On March 9, 2020, RMA Worldwide Chauffeured Transportation acquired transportation company Addison Lee US from Addison Lee Group

Acquisition Highlights
  • This is RMA Worldwide Chauffeured Transportation’s 2nd transaction in the Transportation sector.
  • This is RMA Worldwide Chauffeured Transportation’s 2nd transaction in the United States.
  • This is RMA Worldwide Chauffeured Transportation’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2020-03-09
Target Addison Lee US
Sector Transportation
Buyer(s) RMA Worldwide Chauffeured Transportation
Sellers(s) Addison Lee Group
Deal Type Divestiture

Target

Addison Lee US

Mahwah, New Jersey, United States
Addison Lee US is a ground transportation service provider based in Mahwah, New Jersey.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

RMA Worldwide Chauffeured Transportation

Rockville, Maryland, United States
Category Company
Founded 1988
Sector Transportation
Employees550
DESCRIPTION

RMA Worldwide Chauffeured Transportation is a chauffeured transportation service company that employs more than 550 staff with a fleet of more than 460 sedans, SUVs, vans, stretch limousines, shuttle buses, and full-sized motor coaches. RMA Worldwide also operates Orange Taxi and Baltimore's Charm City Circulator. Founded in 1988, RMA Worldwide has offices in North Bethesda and Baltimore, Maryland and works with a worldwide network that services 600 cities across the globe.

DEAL STATS #
Overall 2 of 2
Sector (Transportation) 2 of 2
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 2 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-15 Kane International Limousine

Washington, District of Columbia, United States

Kane International Limousine is one of the largest privately-owned limousine and ground transportation company. Kane International Limousine with a fleet of more than 120 vehicles including minibuses, sedans, SUV's, Sprinters, and Vans.

Buy -

Seller(S) 1

SELLER

Addison Lee Group

London, United Kingdom
Category Company
Founded 1975
Sector Transportation
DESCRIPTION

Addison Lee Group is a private hire vehicle provider. Addison Lee Group was founded in 1975 and is based in London, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-13 Tandem Technologies

Ludlow, Massachusetts, United States

Tandem Technologies is a provider of car service booking and management software to corporate customers. Tandem Technologies is based in Ludlow, Massachusetts.

Buy -
Mergr

Product

Company

Legal