The Company: All Aboard America Holdings, Inc. (AHI)

In the summer of 2012, Celerity led the simultaneous acquisition of Calco Hotard, based in New Orleans, and All Aboard America, based in Phoenix. The two companies, both of which were founded in the 1930s, and which have dominant share of market in their respective geographies, provide scheduled and chartered service for customers ranging from the New Mexico public park and ride program to the New Orleans Saints. AHI has since completed four additional acquisitions and now manages a fleet in excess of 400 mass transportation vehicles. In April 2014 AHI acquired Sun Diego which increased EBITDA by 50% and extended its reach into Southern California. In March 2015, AHI acquired Denver RTD to gain entry into the Denver, Colorado market and paratransit services. In August 2015, AHI acquired Horizon Coach Lines’ Denver, Colorado assets and operations. AHI now operates across seven contiguous states from California to Mississippi. In just over three years, AHI has become the fifth largest motorcoach company in the U.S. and Canada.

The Executive: Craig Lentzsch

In 2012, Craig became the Executive Chairman of AHI contemporaneous with the initial platform acquisitions. From 2003 until 2007, Craig served as President and Chief Executive Officer of Coach America Holdings, Inc., a former portfolio company of Kohlberg & Company, LLC. With 30 business units located in all major cities in the southern half of the United States, Coach was the premier provider of ground transportation and travel services in its markets. During his tenure, the company’s revenues increased from $200 million to more than $400 million, and returned a multiple of the original investment to Kohlberg & Company.

Prior to Coach America, Craig served on two different occasions at Greyhound Lines, Inc. He first served as Vice Chairman and Executive Vice President of Greyhound from 1987 to 1989, when he and his partners acquired Greyhound in a leveraged buyout from the Dial Corporation. When Mr. Lentzsch returned to the company in 1994, he served as President and Chief Executive Officer until 2003. After completing a consensual restructuring in 1995, Mr. Lentzsch executed a turnaround plan that increased passenger volume and profits 50% and 20%, respectively, for each of six years.

What He Said About Us:

“Celerity has been the best capital partner to execute a buy and build strategy for the motorcoach industry. First, they quickly recognized the opportunity. From their deal analysis they identified the need for stronger industry and management expertise and used their extensive resource base to find and add me and my CFO to the team. After closing the initial transaction, as management identified potential acquisitions that would enhance our business model, Celerity has led the acquisition effort providing due diligence, business modeling, capital sourcing and contract negotiation, leaving operating management free to run the business, create organic growth, identify synergies and integrate the acquisitions.”