Memphis, TN -Corporate Finance Associates (CFA) a leading middle-market mergers and acquisitions firm, announced it initiated and acted as financial advisors to Transportation Demand Management, Inc. d.b.a. Starline Luxury Coach, A&A Motorcoach and Wheatland Express in the recent investment by CVG Group, LLC.
Transportation Demand Management, Inc., founded in 1998, provides safe, reliable, eco-friendly passenger transportation to the Seattle metropolitan area. Starline began with two paratransit vehicles providing non-emergency medical transportation and the company quickly expanded to include corporate shuttles and charter services. It is now one of the largest motorcoach and minibus operators in the Pacific Northwest. With a focus on customer service and a philosophy of striving to be the best, Starline has earned the reputation as the premier coach company in the area. TDM, Inc. owner, Gladys Gillis is please to find a Financial partner that can help bring to fruition some exciting new revenue streams that will benefit the motorcoach industry.
CVG Group specializes in private equity acquisitions of U.S. based, middle market companies. By partnering with businesses with experience and proven operating management, CVG Group helps mid-level companies to grow their profitability through proven professional financial models.
CFA received strong interest in TDM, Inc. from both strategic and financial buyers by tapping into in-depth industry knowledge and advocating on behalf of the company with a select group of high quality buyers. “It has been a pleasure to be working with TDM, Inc. I was particularly impressed with their deep commitment to their customers, their employees and the community which they serve. It is satisfying to find two companies with similar goals, objectives and corporate culture who will work together to implement future growth initiatives,” said Brad Lindsay, Managing Director of CFA MidSouth. The CFA office in Memphis has over 30 years of history providing M&A services to the transportation industry, with multiple transactions occurring in the Motorcoach space.
Transaction Information On November 23, 2016, CVG Group, LLC acquired a stake in Transportation Demand Management, Inc., dba Starline Luxury Coaches, A&A Motorcoach and Wheatland Express in a private transaction. The terms were not disclosed. Financial representation was provided by Brad Lindsay of Corporate Finance Associates.
About Corporate Finance Associates
Corporate Finance Associates is an investment banking services firm, with offices across North America and partner offices in Europe, Asia, and Brazil providing middle-market companies with a wide range of financial advisory services and access to capital resources. From project inception to completion, a senior principal guides clients through every challenge, advocates on their behalf, and leverages CFA’s experience and extensive resources. More information is available at www.cfaw.com.