ALC Schools has been acquired by Palladium Equity Partners

Februar 2020 — Palladium Equity Partners, L.L.C. has acquired ALC Schools, LLC and Red Rock Technology, LLC (combined, ALC), a mission-driven provider of alternative transportation solutions to school districts in the US, from affiliates of American Logistics, LLC.

Founded in 2006, ALC has quickly emerged as the leader in alternative student transportation, servicing more than 400 school districts in 20 states across the US. In 2019, ALC coordinated more than two million trips for the most vulnerable student populations, including special education, homeless, foster, and other hard-to-serve students. Red Rock Technology supports ALC with state-of-the-art routing and trip management technologies that underpin ALC’s unmatched efficiency, safety and service capabilities. ALC is headquartered in San Clemente, California, and has operations centers strategically located in St. George, Utah, and Raleigh, North Carolina.

Palladium Equity Partners is a New York-based middle-market private equity firm with approximately US$3 billion in assets under management.

American Logistics is a provider of non-emergency transportation services to the healthcare and paratransit industries. With the sale of ALC, its student transportation division, American Logistics will now focus solely on serving the healthcare industry and transit/municipal agencies nationwide.

Unsere Rolle bei der Transaktion

Oaklins’ team in Los Angeles initiated the transaction, assisted in the negotiations and served as the exclusive financial advisor to American Logistics.