Beacon Mobility Corp.
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Beacon Mobility Corp. - overview
Established
1986
Location
Southborough, MA, US
Primary Industry
Transportation Services
About
Founded in 1986 and based in Massachusetts, US, Beacon Mobility Corp. provides customized mobility-based solutions such as charter services, school districts, and regional transit authorities for adults and children. The company partners with more than 16 companies to operate over 11,500 vehicles and serves approximately 600 customers, including Special Ed, Regular Ed, Paratransit, and NEMT, in 130 locations. In September 2023, Beacon Mobility, a portfolio company of Audax Group and Northleaf Capital Partners, acquired Local Motion of Boston.
As of 2023, the company is led by its CEO, Judith Crawford. The company provides mobility services that cater to diverse populations, including school districts, special education programs, charter services, regional transit authorities, and non-emergency medical programs. The firm also offers mobility management services that help streamline transportation operations and optimize efficiency. Beacon Mobility provides solutions for people of all ages and abilities, including students with different physical, cognitive, and behavioral needs.
The company’s partner organizations are Van Pool, NRT Bus, Trombly Motor Coach, Salter Transportation, JYL Transportation, TravelKuz, and others. The September 2023 acquisition helps the enterprise expand its service offerings as well as its presence in Massachusetts, US.
Current Investors
Audax Private Equity, Northleaf Capital Partners
Primary Industry
Transportation Services
Sub Industries
Public Transit/Transportation
Website
www.gobeacon.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Beacon Mobility Corp. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | TransAction Associates & Corporate Shuttles | - | ||||||||
| Add-on | Completed | Medical Transport Systems | - | ||||||||
| Add-on | Completed | Allegheny Transportation Services | - | ||||||||
| Add-on | Completed | Cedar Bus Company | - | ||||||||
| Add-on | Completed | Easton Bus Service, Inc. | - |
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Beacon Mobility Corp. - employee data
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