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Lessor Davey Coach Sales Completes California Acquisition

November 17, 2020, 07:09 AM
Filed Under: Mergers & Acquisitions
Related: Acquisitions

Davey Coach Sales, a dealer and lease fleet provider of shuttle bus sales, announced the acquisition of the Nations Bus Sales California division, located in greater Los Angeles. Nations Bus continues to own and operate its dealership located in Florida. Several Nations Bus employees in California will join the Davey Coach team as part of the transaction.

“The acquisition strengthens our capabilities to serve our expanding regional and national customer base through operations in Colorado, Indiana and now California,” said Mark Stenseth, President of Davey Coach.

Josh Davey, Vice President of Sales, added, “We are excited to serve Nations Bus customers in the western U.S. through the same manufacturer relationships, as well as add our full-service capabilities to California, including our fleet of shuttle buses for seasonal and short-term lease.”

David Meck, Chief Financial Officer of Nations Bus, added, “Chip Osborne and I share the same operating philosophies as the team at Davey Coach. We trust them to continue to serve our manufacturing brand partners and our western customers with the same dedication as we have for the last 20 years, while we continue to streamline our focus and growth initiatives from our southeastern U.S. operations in Florida.”

Davey Coach Sales, headquartered outside Denver, CO, has been a dealer and lessor of mid-sized buses in North America since the 1990s. Davey Coach represents 15 mid-size bus manufacturers and serves diverse end-markets including, senior care facilities, transportation companies, resorts and governmental entities throughout the Rocky Mountain region and Western U.S. Davey Coach is a portfolio company of Progress Equity Partners.

Nations Bus, founded in 1999 by Chip Osborne and David Meck, represents a variety of manufacturers in the mini and mid-sized bus category.

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