Truway Transit Group

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Truway Transit Group - overview

Established

2024

Location

-, -, US

Primary Industry

Transportation Services

About

Based in the US, Truway Transit Group provides innovative transportation solutions for large-scale group transport, focusing on seamless logistics and diverse clientele. Truway Transit Group, founded in 2024, and based in the US, offering comprehensive transportation services. In June 2024, Trivest Partners launched Truway Transit Group. As of December 2025, the company is led by CEO Gary Waits.


Truway Transit Group offers a comprehensive suite of transportation solutions tailored for organizations requiring reliable, large-scale group transport. Core offerings include daily transportation services for K-12 schools, employee shuttles, and charter services for special events such as weddings and athletic competitions. The company emphasizes a seamless booking experience with turn-key solutions that encompass logistics, vehicle sourcing, and day-of coordination. Truway serves a diverse client base, including educational institutions, corporate entities, government agencies, and event planners.


Its services are operational across multiple geographical markets, including Texas, Mississippi, Alabama, and Tennessee, ensuring accessibility and quality for clients in these regions. Truway's revenue generation model is structured around B2B transactions, primarily catering to organizations that require ongoing transportation solutions. Clients typically engage Truway through service contracts for regular transportation needs, such as daily bus routes or shuttle services for corporate events, which are often negotiated for specific terms and durations. The pricing framework may involve charges based on the number of buses required and the duration of service, ensuring clients pay for exactly what they need without long-term commitments.


For larger events requiring multi-bus coordination, Truway provides comprehensive packages that include logistical support and on-site management, enhancing client satisfaction and operational efficiency. In June 2025, Truway Transit Group aims to expand its geographical reach following the recent acquisition by Trivest Partners. The company plans to introduce new transportation offerings tailored to specific client needs and expand its market presence into additional states beyond its current operations in Texas, Mississippi, Alabama, and Tennessee. The recent funding will support these initiatives, focusing on enhancing logistics capabilities and broadening service availability.


Current Investors

Trivest Partners

Primary Industry

Transportation Services

Sub Industries

Public Transit/Transportation

Website

www.truwaytransitgroup.com

Total Amount Raised

Subscriber access only

Truway Transit Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCline Tours, Inc.-
Company FormationCompletedTruway Transit Group-

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