Information on the Target

Century Park Capital Partners is pleased to announce that it has obtained final regulatory approval from the Nevada Transportation Authority (NTA) for its acquisition of all common stock in Ryan's Express Transportation Services, Inc. ("Ryan's" or "the Company"). Based in Las Vegas, Nevada, Ryan's is an established provider of premium motorcoach and chauffeured transportation services, catering to corporations, destination management companies, government agencies, and various organizations across California, Nevada, and Arizona.

Ryan's Express is known for its commitment to excellence in service and operates with a fleet of high-quality vehicles. The Company serves a diverse clientele that includes domestic and international tour groups, hotels, resorts, high net-worth individuals, school clubs, and government agencies.

Industry Overview in the Target’s Specific Country

The transportation services industry in Nevada has experienced significant growth, driven largely by increased travel and tourism activities. With Las Vegas as a major tourist destination, demand for transportation services has been robust, with companies like Ryan's Express playing a key role in catering to the needs of visitors and locals alike. This vibrant tourism sector has led to substantial opportunities for growth in transportation services.

Furthermore, California and Arizona, the other markets served by Ryan's, are also experiencing similar trends, with increased investments in transportation infrastructure and services. This growth potential aligns with national trends toward more integrated and premium transportation offerings, influenced by rising consumer expectations for quality and service.

Technological advancements, such as ride-hailing apps and enhanced booking platforms, are transforming the industry landscape, driving competition and innovation. As companies adapt to these changes, high-quality service providers like Ryan's stand to benefit from their established reputations and commitment to customer satisfaction.

Overall, the industry landscape in Nevada, California, and Arizona presents a favorable environment for Ryan's Express to expand its offerings and capture additional market share, making this an opportune time for Century Park's investment.

The Rationale Behind the Deal

The acquisition of Ryan's Express by Century Park Capital Partners highlights a strategic move to leverage the Company's established reputation and growth potential in the transportation sector. With the installation of a new management team, led by former COO Albert Sherrer, Century Park aims to enhance operational efficiencies and service quality.

This partnership is designed to accelerate Ryan’s growth trajectory, allowing it to capitalize on recent market disruptions. Century Park’s injection of capital and strategic support positions Ryan’s to improve its service capabilities and expand its reach within the industry.

Information about the Investor

Century Park Capital Partners is a Los Angeles-based private equity firm that specializes in partnering with owner/managers to build successful companies. The firm primarily focuses on providing equity investments ranging from $10 million to $40 million for various initiatives, including recapitalizations, growth financing, and acquisition financing.

With a commitment to fostering growth in well-positioned companies, Century Park emphasizes the importance of investing in infrastructure and strategic initiatives. The firm's extensive experience in management-led buyouts and minority recapitalizations allows it to effectively support its portfolio companies in accelerating their growth and operational success.

View of Dealert

Investing in Ryan's Express appears to be a strategically sound decision by Century Park Capital Partners. Given Ryan's established market presence and strong reputation in the western U.S., there is a considerable opportunity for growth, especially in the wake of disruptions within the transportation sector.

The recent changes in management and the appointment of seasoned professionals, such as CFO George Cohen, suggest a renewed focus on operational excellence and service improvement. This is critical for maintaining customer loyalty and capturing a larger share of the market amidst growing competition.

Moreover, as the tourism industry rebounds, demand for quality transportation services is expected to increase. Century Park’s capital support can enable Ryan’s to expand its fleet, enhance its service offerings, and strengthen its market position, making it well-positioned for future growth.

Overall, this investment could potentially yield significant returns as Ryan's Express leverages both its existing capabilities and Century Park's resources to meet the evolving needs of its customers.

View Original Article