2018 Buy-Side Transaction:

Acquisition of Roadrunner Management Services by RATPDev

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, RATPDev operates and maintains urban transportation systems in 14 countries on four continents. With over 1.5 billion passengers travelling on its networks every year, RATPDev demonstrates every day its extensive and renowned expertise in a wide range of mobility services.

Situation Overview

  • RATPDev 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.
  • RATPDev 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.