H2 Equity Partners has made an investment in The Coach Travel Group, which comprises seven UK regional coach operators: Alpine Travel, Barnes Coaches, Coatham Coaches, JH Coaches, Johnsons Coaches, Swans Travel and The Ready Group.
As part of the investment, these operators will merge to form a national group providing unscheduled coach services across the UK, including private hire, contracts for schools and corporations, as well as holidays and tours.
According to a press statement, following completion, H2 will work with CTG to “leverage the combined strengths of the seven operators and drive investment in its people, fleet and technology to deliver a best-in-class service to its customers”.
CTG will be led by Tom Stables as CEO.
H2 was advised by Eversheds Sutherland and Grant Thornton.
