Acquisition of Roadrunner Management Services
For more than 27 years, Roadrunner Management Services has provided transportation services in the Southern & Central California markets.
Founded in 2002, RATP Dev operates and maintains urban transportation systems in 14 countries on four continents. With over 1.5 billion passengers travelling on its networks every year, RATP Dev demonstrates every day its extensive and renowned expertise in a wide range of mobility services.
RATP Dev engaged HT Capital to identify potentially suitable candidates in the United States that fit its acquisition criteria. HT Capital also advised on the many facets of the valuation, negotiations and execution process; some of which are unique to transportation transactions.
RATP Dev USA will assume the operations of all Roadrunner transit services including fixed-route, paratransit, airport shuttles, charter and black car services.
RATP Dev benefited from senior HT Capital bankers’ significant cross-border transaction experience
to close the deal.