Seneca Partners Acquires Busmax (Nomlas Ventures Inc.)
September 23, 2025
Seneca Partners, an independent financial sponsor, has acquired Nomlas Ventures Inc. (doing business as Busmax), a Rome, Georgia-based passenger bus, van and car rental company. Backcast Partners provided and agented the senior secured debt (with warrants) to support the transaction; the Salmon family will retain a minority ownership stake.
- Buyers
- Seneca Partners, Backcast Partners
- Targets
- Nomlas Ventures Inc. (Busmax)
- Sellers
- Salmon family
- Industry
- Transportation
- Location
- Georgia, United States
- Transaction Type
- Buyout
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