Dav El/BostonCoach Owner Sells Motorcoach Business
Academy Bus began operating in the Raleigh-Durham market over a year ago with a fleet of 30 full-size motorcoaches.
Terms of the acquisition are not being disclosed.
“After a 40 year relationship with Academy Bus, we felt that a sale of these assets to our longtime partner was in the best interests of our Raleigh client base,” said Scott Solombrino, President and CEO of Dav El / BostonCoach. “Our goal is to build a deeper customer base in larger markets across the globe. Having Academy already in the market created a rare opportunity for a strategic shift of our resources.”
Francis Tedesco, CEO of Academy Bus, said, “Academy Bus is thrilled to expand our service in the Raleigh-Durham market. We have been in the market for over a year now and seen tremendous demand in a short amount of time. We look forward to providing our clients with the highest level of customer service they have become accustom to for years to come.”
Source: Marcou Transportation Group press release