Case Study

Ryan’s Express Transportation Services, Inc.

Century Park Capital’s ongoing support and strategic guidance have been invaluable to us. Their advice and creative ideas have helped create value in our business. It has been a true partnership.

John Busskohl

President & CEO, Ryan’s Express

Overview

Ryan’s Express Transportation Services, Inc. is a leading provider of premium motor coach and chauffeured transportation services. The Company services customers located within the western United States.

Highlights

  • Reputation for quality service
  • Highly fragmented market
  • Diversified customer base
  • Opportunities for organic growth

Details

Industry – Transportation

The Situation

Century Park executed a recapitalization and subsequent buyout of the Company. Ryan’s is a leading provider of premium motor coach and chauffeured transportation services in major cities in the Western U.S. Ryan’s founder sought an opportunity with Century Park to diversify his assets and obtain a partner to provide the growth capital necessary to take the business to the next level.

How We Helped

Through an investment in Ryan’s, Century Park was successful in meeting the key objectives for the shareholders. First, it created significant liquidity for the founder of the business. Second, the transaction provided substantial additional capital to fuel the growth of the business into new markets.

The Result

Century Park made a growth equity investment in Ryan’s to facilitate the expansion of the fleet and the opening of new locations. The company added stations and expanded the fleet four-fold, and in early 2015, the company was sold to a strategic buyer.