H2 Equity Partners (“H2”) is pleased to announce its investment in The Coach Travel Group (“CTG”) which brings together seven of the UK’s leading regional coach operators: Alpine Travel, Barnes Coaches, Coatham Coaches, JH Coaches, Johnsons Coaches, Swans Travel and The Ready Group. Together these operators will merge to form a unique national group providing a range of unscheduled coach services across the UK, including private hire, contracts for schools and corporations, and holidays and tours.
Following completion, H2 will work closely 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, who has over 20 years of relevant industry experience. He will be supported by a strong and highly committed team with many of the operator managers becoming shareholders alongside H2.
H2 were supported in the transaction by Eversheds Sutherland (Legal) and Grant Thornton (Financial & Tax).
For Further information on CTG, please refer to www.coachtravelgroup.com