Dantaxi to acquire HB-Care
Virum (Denmark) 4 May 2021 – The Triton Smaller Mid Cap portfolio company referred to under the name Dantaxi 4x48 (“Dantaxi”) has signed an agreement to acquire the leading Danish special transport service company HB-Care.Terms of the transaction are not disclosed.
Operating more than 450 customized buses on long-term contracts with municipalities and traffic agencies across Denmark, HB-care has more then 30 years industry experience. The company transports children with special needs to schools and kindergartens, citizens with disabilities to workplaces, schools and activity centres, and the elderly to rehabilitation and daycare centres. With the focus on ensuring a safe and familiar transport situation, the company provides an important aspect to the daily lives of their clients.
“Dantaxi wishes to strengthen its position in a rapidly changing passenger transport industry. With this acquisition, we will improve our position on the important market of specialized scheduled transports to institutions. HB-Care is the market leader here today, and it is an area in which we see great potential. Furthermore, an optimized utilization of our joint car fleets of almost 2,300 vehicles significantly strengthens our current competitive position and benefits customers. An ever closer collaboration will also lead to strategic and operational synergies within education, service and green transformation” says Carsten Aastrup, CEO Dantaxi.
Dantaxi was created through a merger in the taxi industry in January 2017, where the company became Denmark's largest of its kind, and the company today offers taxi services in 75 of Denmark's 98 municipalities. In total, approximately 1,900 taxis are associated with Dantaxi and with 200 electric taxis, the company is the leading taxi company in Denmark within green conversion.
HB-Care is the leading supplier of special transport services to municipalities and institutions in Denmark. Among other things, we help transporting disabled citizens to schools and activity centers, senior citizens to rehabilitation and day centers, as well as school and kindergarten children with special transport needs.