ALC Schools has been acquired by Palladium Equity Partners
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.
Oaklins’ team in Los Angeles initiated the transaction, assisted in the negotiations and served as the exclusive financial advisor to American Logistics.
Gregg Prettyman
COO, ALC Schools, LLC
Sprechen Sie mit dem Deal-Team
Jonathan Zucker
Oaklins Intrepid
Gary S. Rabishaw
Oaklins Intrepid
Kyle Kearney
Oaklins Intrepid
Transaktionen
White Lab has acquired Testing
White Lab Srl. has acquired Testing Srl.
Mehr erfahrenCara Care has been acquired by Mahana Therapeutics
Mahana Therapeutics Inc., renowned for its pioneering digital treatments targeting chronic health issues, has recently finalized the acquisition of Cara Care (HiDoc Technologies GmbH). Cara Care stands out as a premier digital health platform and an official digital health application (DiGA) dedicated to enhancing gut health. This acquisition, supported by key investors Lux Capital and Jazz Ventures Partners, perfectly aligns with Mahana’s expansion strategy.
Mehr erfahrenDigital Mind expands its reach with acquisition of EIP Dynamics
Digital Mind, a leader in business process digitalization for large and mid-sized organizations in the Baltic states, has acquired EIP Dynamics, a prominent Microsoft Enterprise Resource Planning (ERP) solution provider based in Poland. EIP Dynamics is recognized for serving some of the largest companies both within Poland and internationally. This acquisition is a significant step for Digital Mind in expanding its market presence and capabilities.
Mehr erfahren