Infranity, a leading European investor in sustainable infrastructure, is pleased to announce that it has entered into exclusive negotiations with Transarc’s shareholders (La Planchette Investissement[1], Bpifrance, CARVEST and IDIA Capital Investment) to acquire a majority stake in French coach operator Transarc, with a view to supporting the company’s growth and electrification of its fleet. The transaction is expected to close as soon as June 2024.
Transarc owns and operates a fleet of ~1,500 vehicles across 25 departments in 6 regions of France: Auvergne-Rhône-Alpes, Bourgogne-Franche-Comté, Grand-Est, Ile-de-France, Nouvelle-Aquitaine and Centre-Val de Loire. The company, which generated more than €80m of revenues in 2023, provides various public services including school transport, regular lines, individualized transport, underpinned by contracts with public transport authorities.
[1] La Planchette Investissement is the investment holding of Damien Rameau, President of Transarc.
