Souter Investments
is one of the UK’s leading family investment offices specialising in private equity

CoachHire.com

CoachHire.com

Vintage: November 2017

Sector: Transport

Location: Slough

Type: Growth Capital

Souter Role: Lead Investor

Souter Director: Yes

Status: Current

CoachHire.com is a leading provider of technology-led solutions to the education, corporate and leisure sectors, specialising in the procurement, management and delivery of passenger transport services, including vehicle tracking and passenger safeguarding solutions.

Founded in 2011, the company has grown rapidly; carrying in excess of 500,000 passengers in 2016 and forecasting more than 750,000 passengers in 2017.

CoachHire.com’s flagship SchoolSafe tracking technology integrates tracking and communication via a suite of apps for drivers, parents and school staff to safeguard pupils on their way to and from school.

The deal with Souter Investment's will allow CoachHire.com to continue to invest in its cutting edge tracking and travel technology solutions, roll out its business model across the UK and accelerate development of its range of apps for school staff and parents. The firm plans to expand its workforce, adding up to 50 new roles and add more than 60 schools to its existing customer base by the end of 2018.

w: www.coachhire.com 

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