Seneca advise on the sale of Cabfind to Transdev PLC

Seneca advise on the sale of Cabfind to Transdev PLC

The Seneca Partners Corporate Finance team has advised the shareholders of, the Wirral based transport management business, on its sale Transdev PLC, one of the world’s biggest transport operators with €6.6 billion of revenues in 2013. was set up by brothers Chris and Tim Jordan in 2005 and the family run business has developed a technology enabled transport-on-demand service via private hire cars and coaches generating turnover of £17m in 2014.

The Seneca team, led by Gordon Lane and Andrew Stubbs, worked closely with the shareholders as they considered their strategic options and ultimately assisted in delivering a successful transaction.

Chris Jordan, Managing Director at commented on the deal saying: “The level of Seneca’s support and advice really made a difference in successfully completing this deal. We feel we are now exceptionally well positioned to deliver our ambitious vision of the future.”

Important information

This information is of a general nature and does not constitute an offer to provide services.

The opinions and conclusions given here are those of Seneca Partners and are subject to change without notice.

The value of investments and/or any income arising from them may fluctuate.

Past performance is not necessarily a guide to future performance.

Important notice

The products and services shown on this website place capital at risk. Investors may receive less in returns than they have invested. Investments may not allow for capital to be withdrawn on demand. If an investment provides tax relief then this relief is subject to change and is dependant on personal circumstances. Any reference to past performance or forecasted performance is not a reliable indicator of future performance.

Seneca Partners recommends that any investor seeks specialised financial and/or tax advice before investing. Seneca Partners does not provide advice and the information on this website, including but not limited to news, should not be construed as such.

Please confirm that you understand this warning and wish to proceed.