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Trivest acquires Roadrunner Charters to expand fleet

May 09, 2025•2 months ago

Acquiring Company

Trivest Partners

Acquired Company

Roadrunner Charters

Coral GablesHurstVenture CapitalFinanceTransportationTravel

Description

Trivest Partners has acquired Roadrunner Charters, a Texas-based motorcoach operator. This marks Trivest's second transportation industry investment and aligns with its strategy to invest in family-owned operations. Roadrunner, founded in 2001, has grown to a fleet of roughly 150 motorcoaches. The acquisition is expected to provide Roadrunner with capital and strategic support for further growth.

Company Information

Company

Trivest Partners

Location

Coral Gables, Florida, United States

About

Trivest Partners LP, with offices in Miami, Charlotte, Chicago, Los Angeles, New York, and Toronto, is a private investment firm that focuses exclusively on the support and growth of founder-led and family-owned businesses in the United States and Canada in both control and non-control transactions. Since its founding in 1981, Trivest has completed more than 350 investments, totaling over $7 billion in value. Trivest is one of only 15 firms to be recognized by Inc. Magazine as one of the top founder-friendly private equity firms for three consecutive years.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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