Background
- Transarc owns and operates a fleet of c.1,500 vehicles across 25 departments in six regions of France
- The company, which generated more than €80m of revenues in 2023, provides various public services including school transport, regular lines, individualized transport, underpinned by contracts with public transport authorities
Process
- DC Advisory acted as exclusive financial advisor to Infranity on their acquisition of a majority stake in Transarc
Outcome
- Infranity entered into exclusive negotiations with Transarc’s shareholders (La Planchette Investissement, Bpifrance, CARVEST and IDIA Capital Investment) to acquire a majority stake in the central and eastern France multi-regional interurban coach operator
- This transaction is subject to customary conditions precedents, notably employee representative bodies information and consultation
- This transaction further illustrates DC Advisory’s expertise in the Infrastructure and Transport sectors