If you own a bus company, a paratransit fleet, or a medical transportation business, you have likely heard from brokers before. TMA95 is not one. We are a direct buyer. We use our own capital and the capital of committed partners to acquire companies, and we operate what we buy. No listing, no auction, no commission owed by you.
We Buy, We Operate
TMA95 is Transit Management Associates, in association with 95 Capital, Brooklyn, New York. One team, one decision: we buy, we operate. There is no separate acquisitions arm handing your company off to a different management group after close. The people evaluating your business are the people who will run it.
This matters for a simple reason. A buyer who plans to operate your company asks different questions than a buyer who plans to flip it. We look at your routes, your contracts, your drivers, and your maintenance program because those are the things we will be responsible for the day after close.
Who Writes the Check
TMA95 is a principal buyer, not a broker or a marketplace. We do not list companies for sale and we do not shop your business to other buyers. Acquisitions are funded by our principals' capital, alongside committed institutional equity and debt partners.
The people you meet on the first call are the people who sign. There is no intake team standing between you and a decision-maker. Proof of our funding capacity is provided under NDA before we ask you for any financial documents, so you are never sending sensitive information to an unverified buyer.
Why We Buy
Passenger transportation in the United States is fragmented. Thousands of family-owned bus, paratransit and medical transportation companies were built by owners who are now approaching retirement, often with no succession plan and no obvious buyer inside the family or the company.
We buy to run these companies, not to flip them. Our people come from transportation operations, so we understand what a route structure, a school district contract, or a driver retention problem actually means for the value of a business. We hold what we buy for the long term. Same routes, same contracts, drivers and dispatchers kept on. We are building a platform, and we will earn your trust the same way we will run your company: by doing exactly what we say, on the timeline we commit to.
What We Buy
Our buy-box is specific. Companies that fit it get a fast, informed conversation.
- Revenue: $5M-$25M
- EBITDA: $1M-$5M+
- Fleet size: 50-150+ revenue-generating vehicles
- Contracts: Multi-year contracts preferred, with a strong renewal history
- Operations: Established driver and maintenance infrastructure
- Market position: Concentrated regional presence
Our primary focus is bus and school bus, paratransit, and non-emergency medical transportation. Nationwide, with active focus on CA, AZ, NV, TX, FL, NY and surrounding markets.
If your company is close to this profile but not an exact match, reach out. Buy-box criteria are a starting point for a conversation, not a hard cutoff.
Buyer vs Broker: Why It Matters to You
A broker earns a commission, typically 10-12%, by listing your company and shopping it to as many prospects as possible. That process works for some sellers. It also means your financials, your customer contracts, and the fact that you are selling get spread across a wider group of people than you might want, including buyers who never intend to close.
We are one buyer, under NDA, from the first conversation. No listing, no fee to you, no parade of lookers through your books. If what you want is a competitive auction and you do not mind the longer timeline and the broker fee that comes with it, a broker may be the right choice. If you want a direct conversation with a single serious buyer who can move without waiting on a syndicate, that is what we offer.
How We Treat Sellers, Employees and Customers
We do not contact your office, your employees, or your customers without your agreement. Nothing you share leaves our hands without an NDA in place first. If we do not end up buying your company, everything you gave us gets destroyed. Employees, routes, and customer relationships are the reason a transportation company has value, and we treat them that way from the first call through close.
Talk to Us
Every inquiry is reviewed personally by a principal with the authority to act on it. There is no intake queue and no waiting for approval from someone you have never spoken to.
We are building a platform, and we will earn your trust the same way we will run your company: by doing exactly what we say, on the timeline we commit to. If you are thinking about a sale, whether that means a clean exit, protecting your company's name and people, or staying on to keep growing the business, get a confidential valuation. Or read how our process works from first call to close.
Transit Management Associates, LLC is registered in Wyoming. 95 Capital is registered in New York.
Start a confidential conversation.
No obligation. NDA before financials.
