Lee’s Coaches

Alpro Capital has acquired Lee’s Coaches, a County Durham-headquartered coach operator, marking the investment firm’s first investment and entry into the UK coach travel market.

Summary of transaction details:

• Value: Not disclosed
• Sector: Logistics & Transport
• Advisor: Middleton Enterprises; legal advice by Mincoffs and financial due diligence by Ryecroft Glenton
• Key Entities: Alpro Capital; Lee’s Coaches
• Location: Langley Moor, County Durham, United Kingdom

Note: The transaction gives Alpro Capital a platform in an estimated £8 billion UK coach travel market, with potential to improve marketing, fleet utilisation and pursue bolt-on acquisitions.