H2 invests in The Coach Travel Group

Private Equity Wire

H2 Equity Partners has made an investment in The Coach Travel Group, which comprises seven UK regional coach operators: Alpine Travel, Barnes Coaches, Coatham Coaches, JH Coaches, Johnsons Coaches, Swans Travel and The Ready Group.

As part of the investment, these operators will merge to form a national group providing unscheduled coach services across the UK, including private hire, contracts for schools and corporations, as well as holidays and tours.

According to a press statement, following completion, H2 will work with CTG to “leverage the combined strengths of the seven operators and drive investment in its people, fleet and technology to deliver a best-in-class service to its customers”.

CTG will be led by Tom Stables as CEO.

H2 was advised by Eversheds Sutherland and Grant Thornton.

The full article is available here. This article was published at Private Equity Wire.