Employee Transportation Services Company - Acquisition Opportunity
A Pune based company operating in the Employee Transportation Services Industry is available for acquisition. The company started Operations in 2004, operations are based in Pune Only. Prominent Clients - Vodafone, WNS, Sungard, HCL, Tech Mahindra, Deutsche Bank, Veritas and more. All the contracts all long term ranging from 15 months to 36 months. The same is renewed with a simple addendum post the expiry of the contract. Revenue FY 18 - 68 Cr EBITDA - 12% Revenue 9MFY19 - 58 cr Current Fleet Size - 1375 (Owned + Vendors). Currently, the company has a cc limit and car loans apart from Business Loans.
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