TransTech, Inc.
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TransTech, Inc. - overview
Location
-, NC, US
Primary Industry
Education/Training
About
Based in North Carolina, US, TransTech, Inc. operates as an educational training company offering commercial truck driving training and commercial driver’s license (CDL). In January 2023, the firm was acquired by Polar Peak Capital from Generational Equity. The firm as of January 2023, is operational in nine locations in North Carolina, including Ahoskie, Asheville, Charlotte, Gastonia, Greensboro, Greenville, Newton, Roxboro, and Winston-Salem.
The company offers a commercial driver’s license program including 3rd Party Class A CDL License Testing, truck driver training with full-time classes, as well as part-time evening and weekend classes. The company offers classroom classes on pr-trip inspection, mechanics, state and federal regulations, equipment safety, driver wellness, etc, field exercises including straight line, off-set, and 90-degree backing, coupling, and uncoupling, etc, behind-the-wheel training on proper gear shifting, backing and turning techniques, speed or space management, etc. Under CDL the firm provides Class A and B classified, and Class A, B, and C licenses.
Current Investors
Polar Peak Capital
Primary Industry
Education/Training
Sub Industries
Education & Training Services
Website
www.trans-tech.net
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
TransTech, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | TransTech, Inc. | - |
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TransTech, Inc. - employee data
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