EverDriven Technologies, LLC
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EverDriven Technologies, LLC - overview
Established
2005
Location
Greenwood Village, CO, US
Primary Industry
Transportation Services
About
Founded in 2005 and based in Colorado, EverDriven Technologies, LLC, formerly known as ALC Schools LLC, is a transportation company that provides ride services for students and logistics. In March 2024, Charlesbank Capital Partners acquired EverDriven, LLC from Palladium Equity Partners. The firm as of July 2024, is led by its CEO, Mitch Bowling. EverDriven provides tailored transportation services to hundreds of school districts nationwide, including some of the largest urban districts.
The company specializes in using small-capacity vehicles to supplement existing district transportation, ensuring students with special needs, mobility challenges, or other disadvantages can attend school safely and on time. In 2023, the company has successfully completed more than 2,000,000 trips, covering a total distance exceeding 31,000,000 miles. The March 2024 acquisition will help EverDriven Technologies, LLC to expand its service offering to schools and districts.
Current Investors
Palladium
Primary Industry
Transportation Services
Sub Industries
Car Hire Services, Public Transit/Transportation
Website
www.everdriven.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
EverDriven Technologies, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | EverDriven Technologies, LLC | - | ||||||||
| Buyout | Completed | EverDriven Technologies, LLC | - |
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