Shuttle and Charter Bus Company | Fleet-Back Note | EV $54MM
Industry: Transportation
Enterprise Value: $54MM
Approach: Fleet-Backed Note with Fuel Subsidy Agreement
Description: Buyer acquired the business using the fleet as collateral, while the seller subsidized fuel costs for 12 months to maintain route profitability.
Uniqueness: A mobility-minded acquisition where operational cash flow was engineered at the pump, not just the bank.