Transportation Buyers & Acquisitions in Colorado

Tracked deals

20

20 tracked deals across 2014-2026.

Buyer mix

Mixed buyer set

13 strategic · 12 pe

Top trend

Volume peaked in 2021

4 tracked deals announced in 2021.

Primary Insight

What Stands Out

  • Rail, mobility, and safety are recurring deal themes, including short line expansion and traffic/roadway intelligence capabilities.
  • Buyers frequently pursue add-ons that broaden footprint and customer scope (e.g., municipal/state transportation clients; multi-market service platforms).
  • Colorado-based targets appear across multiple subsectors, from marine dealerships and freeway service patrols to regional distributors and transportation training providers.
  • Deal framing spans both platform consolidation (e.g., combining distribution capabilities) and capability expansion (e.g., safety programs, routing technology, traffic data collection).

Build a buyer list for your Transportation deal

Find buyers actively acquiring transportation companies.

Find buyers like these for your deal

Buyer Snapshot

Top Buyers

Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.

Build a buyer list for your Transportation deal →
Buyer # Deals Focus Type
AWP Safety 1 Owner/operator of a leading North American worksite safet... Strategic (PE-backed)
American Pacific Group 1 San Francisco Bay Area-based private equity firm pursuing... PE
Area Wide Protective (AWP) 1 Provider of temporary traffic management and traffic cont... Strategic (PE-backed)
Armstrong Relocation & Companies 1 Provider of moving, relocation, logistics, international ... Strategic
Asura Technologies Ltd. 1 Developer of AI-based video analytics and license-plate-r... Strategic
Charlesbank Capital Partners 1 Middle-market private investment firm focused on manageme... PE
Crest Rock Partners 1 Denver-based private equity firm investing in lower middl... PE
GB & Partners Investment Management 1 Independent private equity and venture capital fund manag... PE
Igneo Infrastructure Partners 1 Infrastructure-focused investment firm and majority inves... PE
Jeff Taylor 1 Independent dealership owner/operator with an automotive ... Investor

Acquisition Volume in Transportation in Colorado by Year

Last 7 years

Acquisition volume by year Annual acquisition counts for the last 7 years for Transportation Buyers & Acquisitions in Colorado. 3 2019 2 2020 4 2021 1 2022 3 2023 3 2024 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Jeff Taylor
    Target
    Sundance Marine
    Seller
    Ron Richardson, Susan Richardson
    Industry
    Transportation
    Type
    Buyout

    Performance Brokerage Services announced the sale of Sundance Marine, a MasterCraft, Nautique, and Sea Ray dealership in Grand Junction, Colorado, from Ron and Susan Richardson to Jeff Taylor. The company says the transaction was consummated, with Sundance Marine remaining at its current location.

  • Buyer
    QXO, Inc.
    Target
    Kodiak Building Partners
    Seller
    Court Square Capital Partners
    Industry
    Transportation
    Type
    Buyout

    QXO, Inc. (NYSE: QXO) completed its acquisition of Kodiak Building Partners from Court Square Capital Partners for approximately $2.25 billion. The deal expands QXO’s addressable market to more than $200 billion and is expected to be highly accretive to 2026 earnings.

  • Buyer
    Manifest (Manifest Travel Club)
    Target
    Skyroads Aviation, LLC
    Seller
    Current owners of Skyroads Aviation (unnamed)
    Industry
    Transportation
    Type
    Buyout

    Manifest, a Denver-based lifestyle and travel club, has agreed to acquire Skyroads Aviation, a Part 135 certificated air carrier based at Centennial Airport outside Denver. The deal — expected to close by October 31 — will allow Manifest to operate its own private aviation services (it has also leased a Pilatus PC-12); Skyroads’ current five King Airs will not be part of the acquisition.

  • Buyer
    Charlesbank Capital Partners
    Target
    EverDriven Technologies
    Seller
    Palladium Equity Partners (affiliates)
    Industry
    Transportation
    Type
    Buyout

    Charlesbank Capital Partners, a Boston-based middle-market private investment firm, has acquired EverDriven Technologies, an alternative student transportation platform, from affiliates of Palladium Equity Partners. EverDriven—which serves nearly 700 school districts across 29 states and transports ~28,000 students annually—will partner with Charlesbank to invest in its routing technology, safety programs and nationwide expansion plans. Terms were not disclosed.

  • Buyer
    Rekor Systems, Inc.
    Target
    All Traffic Data Services, LLC
    Seller
    Seaport Capital
    Industry
    Transportation
    Type
    Buyout

    Rekor Systems, Inc. (NASDAQ: REKR) has completed the acquisition of All Traffic Data Services, LLC (ATD) for $19 million in a mix of cash and stock. The deal expands Rekor’s geographic footprint and urban mobility capabilities by combining ATD’s traffic data collection and engineering services with Rekor’s AI/ML roadway intelligence platform.

  • Buyer
    Kelsian Group Limited
    Target
    All Aboard America! Holdings, Inc.
    Industry
    Transportation
    Type
    Buyout

    Australia’s Kelsian Group has completed the acquisition of 100% of All Aboard America! Holdings, Inc., a large US passenger motorcoach operator serving corporate, government, education, LNG and tourism customers across multiple states. The deal gives Kelsian an established multi-state US platform and a pipeline of contract and charter opportunities in the American market.

  • Buyer
    AWP Safety, Kohlberg & Co.
    Target
    Warning Lites Inc. of Colorado
    Seller
    Barbara Barron, Robert Barron, Julie LeRoy
    Industry
    Transportation
    Type
    Addon

    AWP Safety, backed by Kohlberg & Co., has acquired Warning Lites Inc. of Colorado, a full-service traffic control and equipment rental provider operating throughout Colorado. Transaction terms were not disclosed; the deal is an add-on to AWP Safety to strengthen its equipment rental and worksite protection capabilities in the U.S. Mountain region.

  • Buyer
    Vehicle Management Solutions LLC, Mill Point Capital LLC
    Target
    IncidentClear, LLC
    Industry
    Transportation
    Type
    Addon

    Vehicle Management Solutions LLC (VMS), a Mill Point Capital portfolio company, has acquired IncidentClear, a freeway service patrol provider headquartered in Arvada, Colorado. The add-on expands VMS's incident management and debris-removal capabilities and broadens its geographic footprint with new municipal and state transportation clients.

  • Buyer
    Patriot Rail Company LLC, Igneo Infrastructure Partners
    Target
    Pioneer Lines, Inc.
    Seller
    BRX Transportation Holdings, US InfraVest, Stephens Capital Partners, Brookhaven Capital Partners
    Industry
    Transportation
    Type
    Addon

    Patriot Rail Company LLC has completed the acquisition of Denver-based Pioneer Lines, Inc., a holding company operating 15 short line railroads, from BRX Transportation Holdings. The deal (completed following regulatory approval) expands Patriot Rail's short line operations from 16 to 31 railroads and extends its service footprint across 23 U.S. states; Patriot Rail is majority-backed by Igneo Infrastructure Partners.

  • Buyer
    American Pacific Group (affiliate)
    Target
    Interwest Distribution Company
    Seller
    Hugh Bernardi Jr.
    Industry
    Transportation
    Type
    Addon

    An affiliate of American Pacific Group (APG) has acquired Interwest Distribution Company, a Denver-based regional distributor of 3M-branded automotive and building films. Interwest will be combined with APG portfolio company Fellers, Inc. as a platform consolidation to expand distribution capabilities across automotive and architectural end markets.

  • Buyer
    TransForce Group, Palladium Equity Partners, LLC
    Target
    United States Truck Driving School (USTDS)
    Seller
    Richard Lammers (Owner and CEO of United States Truck Driving School)
    Industry
    Transportation
    Type
    Addon

    TransForce Group, majority owned by an affiliate of Palladium Equity Partners, acquired United States Truck Driving School (USTDS) in Denver and Colorado Springs, Colorado, with the sale finalized October 18, 2021. USTDS will retain its name and become part of The CDL School (a TransForce Group company), expanding TransForce's CDL training footprint and veteran placement programs as an add-on under Palladium's ownership.

  • Buyer
    Armstrong Relocation & Companies
    Target
    Amazing Moves Moving & Storage
    Seller
    Marshall Aikman, Padraic (co-owner)
    Industry
    Transportation
    Type
    Buyout

    Armstrong Relocation & Companies has acquired Denver-based Amazing Moves Moving & Storage. Amazing Moves will continue to operate under its own brand and partner with Armstrong's Denver operation as Armstrong expands its national footprint.

  • Buyer
    GB & Partners Investment Management, Asura Technologies Ltd.
    Target
    Parking Revenue Recovery Services, Inc. (PRRS)
    Industry
    Transportation
    Type
    Buyout

    GB & Partners Investment Management, together with portfolio company Asura Technologies, acquired a majority stake in Parking Revenue Recovery Services (PRRS). The investment pairs PRRS's 20 years of parking enforcement and collections expertise with Asura's AI-based video analytics and license-plate-recognition technology to accelerate ARC/ARC360 installations and expand PRRS's North American footprint.

  • Buyer
    Crest Rock Partners
    Target
    Lumin8 Transportation Technologies
    Industry
    Transportation
    Type
    Buyout

    Crest Rock Partners, a Denver-based private equity firm, made a majority investment in Lumin8 Transportation Technologies, a platform formed from W.L. Contractors, Carlson Construction Services and Wilburn Engineering. Lumin8 is headquartered in Arvada, Colorado, employs over 250 people, and provides traffic and intelligent transportation systems (ITS) services and technology to government entities and national contractors; Lumin8 management invested alongside Crest Rock and SDR Ventures served as sell-side advisor.

  • Buyer
    The W.W. Williams Company, LLC (W.W. Williams), One Equity Partners
    Target
    CP Company (d/b/a CT Power & Iceberg Enterprises)
    Industry
    Transportation
    Type
    Addon

    The W.W. Williams Company, an One Equity Partners portfolio company, has acquired CP Company (doing business as CT Power and Iceberg Enterprises), a regional dealer of transport refrigeration and trailer equipment and services. The deal expands W.W. Williams' transport refrigeration capabilities, adds geographic footprint across the Southwest, and broadens its trailer parts, rental/leasing and cold-storage-related offerings.

  • Buyer
    Pike Street Capital
    Target
    QuickBox
    Industry
    Transportation

    Pike Street Capital announced a growth investment in QuickBox, a Denver-based third-party logistics and fulfillment provider serving CPG, health & wellness, and e-commerce brands. The investment will provide capital and operational support to expand QuickBox's tech-enabled fulfillment platform and support continued growth.

  • Buyer
    Area Wide Protective (AWP), The Riverside Company
    Target
    Northern Colorado Traffic Control, Inc.
    Industry
    Transportation
    Type
    Addon

    Area Wide Protective (AWP), a portfolio company of The Riverside Company, has acquired Northern Colorado Traffic Control, Inc. (NCTC) as an add-on to AWP's traffic management platform. The acquisition expands AWP's footprint into the Colorado market while keeping NCTC founder Trish Sandau actively involved.

  • Buyer
    Seaport Capital
    Target
    All Traffic Data (All Traffic Data Services, Inc.)
    Industry
    Transportation

    Seaport Capital completed a strategic growth investment in All Traffic Data (ATD), providing capital to support the company's expansion while founders Eric and Dawn Boivin remain in management and are investing alongside Seaport. The investment will fund growth initiatives including geographic expansion and the rollout of ATD's technology-enabled traffic data collection, reporting, consulting and transportation asset management services across new geographies and verticals.

  • Buyer
    TravelCenters of America LLC
    Target
    Johnson's Corner
    Industry
    Transportation
    Type
    Buyout

    TravelCenters of America LLC acquired the landmark Johnson's Corner truck stop and restaurant in Johnstown, Colorado, adding the location to its Petro Stopping Centers network. The acquisition expands TA/Petro's travel center footprint and preserves the site's restaurant and bakery while integrating the location into TA's professional-driver amenities and services.

  • Buyer
    Unnamed private investment group
    Target
    Mountain Aviation, Inc.
    Industry
    Transportation
    Type
    Buyout

    Mountain Aviation, Inc., a Broomfield, Colorado-based aircraft charter, management and maintenance company, was acquired by an unnamed private investment group. The new ownership will keep existing management in place and seeks to grow Mountain Aviation's position in the Rocky Mountain region while expanding services into the oil & gas and government markets.

Full Export

Purchase this data

Get the full acquisitions list for this page as CSV + XLSX.

Purchase this data

Build a buyer list for your Transportation deal

Find buyers actively acquiring transportation companies.

Apply as a Buyer

Frequently Asked Questions

Which transportation sub-sectors show up most in Colorado acquisitions?

The page’s deals span rail (short lines), mobility/traffic data and roadway intelligence, transportation services (including passenger and student transport), and worksite safety/traffic control equipment and related services.

Are these transactions mostly add-ons or full platform acquisitions?

Both appear. Some buyers use acquisitions as add-ons to expand capabilities or geographic reach, while others complete larger platform acquisitions (for example, QXO’s acquisition of Kodiak Building Partners).

Do Colorado-based companies tend to be buyers or targets?

Colorado entities show up primarily as targets in the listed examples (such as Sundance Marine, Skyroads Aviation, Warning Lites of Colorado, and IncidentClear), though broader buyers also run platform operations that extend into and beyond Colorado.

What deal outcomes are reflected for recent Colorado transactions?

The page highlights a mix of announced agreements and completed acquisitions, with deal summaries commonly emphasizing expansion of addressable markets, service footprint, and operational capabilities; terms are sometimes disclosed as well (e.g., reported purchase price for the ATD acquisition).

Related Acquisition Pages