Investors Eye Control of Roadrunner Bus Services Across States
Published Date: 6/4/2025
Notice
Summary
Trivest Fund VII and its subsidiary want to take control of Roadrunner Charters and Clark Travel, two companies that run passenger buses across state lines. The government is ready to approve this deal, which could happen soon if no one objects. This means new owners will be in charge, but the bus services will keep running as usual.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Change of Ownership for Interstate Bus Lines
On May 5, 2025, Trivest Fund VII, L.P. and its noncarrier subsidiary Passenger Transport Holdings, L.P. filed to acquire all voting securities of Roadrunner Charters, Inc. and Clark Charters and Travel, Inc., two interstate passenger motor carriers that hold operating authority from the Federal Motor Carrier Safety Administration (FMCSA). The Surface Transportation Board has tentatively approved and authorized the transaction and said the approval will be final if no opposing comments are timely filed.
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