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

Mana Coach Services

Mana Coach Services

Vintage: December 2007

Exit Date: October 2019

Sector: Transport

Location: Wellington, New Zealand

Type: Acquisition

Souter Role: Lead Investor, Majority Stake

Souter Director: No

Status: Realised

Mana Coach Services is the second largest urban, commuter, school and charter bus operator in Wellington, New Zealand’s capital and second largest public transport market.

Acquired by Souter Investments in 2007,Mana Coach now operates a fleet of around 65 buses. The business serves the Newlands, Porirua, Kapiti Coast and CBD areas of Wellington.

In October 2019, Souter Investments completed the sale of Mana Coach to Transdev, the global mobility provider. Terms have not been disclosed.

w: www.manacoach.co.nz

 

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