TransAction Associates & Corporate Shuttles
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TransAction Associates & Corporate Shuttles - overview
Established
1990
Location
Woburn, MA, US
Primary Industry
Transportation Services
About
TransAction Associates & Corporate Shuttles specializes in providing tailored transportation solutions that enhance employee satisfaction and facilitate event logistics through advanced technology and dedicated service. Founded in 1990, TransAction Associates & Corporate Shuttles operates in the transportation sector, focusing on corporate and event shuttle services. The company is based in Woburn, Massachusetts, US. On December 1, 2024, it was acquired by Beacon Mobility Corp.
, which aims to enhance its service offerings in the region. The founder's history is not publicly available, but the company has maintained a singular focus on transportation solutions since inception. TransAction Associates & Corporate Shuttles offers a comprehensive suite of transportation solutions designed to meet the diverse needs of employers, property owners, developers, and event planners. Their core offerings include customized transportation programs that enhance employee satisfaction, ensure compliance, and facilitate special events.
The company utilizes advanced technology features such as mobile ticketing, GPS tracking, and seamless seat reservation systems to optimize the travel experience for riders. Their clientele spans various industries, particularly corporate clients and organizations requiring efficient shuttle services in metropolitan areas, including Greater Boston and other urban hubs in the northeastern United States. TransAction Associates & Corporate Shuttles operates on a B2B model, generating revenue through contractual agreements with businesses and organizations. This includes fixed contracts for corporate shuttle services alongside customizable event-based transportation solutions.
Clients typically enter partnerships that encompass annual pass agreements or pay-per-use arrangements for specific events. The company’s pricing structure is designed to accommodate a variety of budgets with flexible options, ensuring alignment with clients' operational needs. TransAction has received multiple accolades from The Boston Globe, establishing itself as a provider for organizations seeking reliable transportation solutions. Following its acquisition by Beacon Mobility Corp.
in December 2024, the company aims to strengthen its service offerings and expand its presence in Massachusetts, US. The acquisition supports Beacon Mobility's strategic vision to enhance its operational footprint in the region. The specific plans for upcoming products or services have not been disclosed, but the focus will likely align with improving efficiency and customer satisfaction in transportation.
Current Investors
Beacon Mobility Corp.
Primary Industry
Transportation Services
Sub Industries
Consulting Services, Transportation Services, Analytics & Performance Software
Website
www.transactiontransportation.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
TransAction Associates & Corporate Shuttles - 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 | - |
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