Mergers & Acquisitions

EverDriven Acquired by Charlesbank Capital Partners

6043 EverDriven Technologies NT

M&A Engagement Overview

Industry Groups: Technology, Transportation & Logistics
Areas of Focus: EdTech; Transportation, Supply Chain, and Logistics

Harris Williams advised EverDriven, a portfolio company of Palladium Equity Partners, on their sale to Charlesbank Capital Partners.

It was a pleasure working with CEO Mitch Bowling and the EverDriven management team on this transaction, and we are excited to see what the company accomplishes in partnership with Charlesbank. Through their innovative technology platform, EverDriven is helping school districts address their most pressing transportation challenges, particularly for their most vulnerable student populations.

EverDriven is a leading technology-driven mobility platform for K-12 alternative student transportation nationwide.  With a focus on students with complex transportation needs, including special education, homelessness, foster youth, and other vulnerable student populations, EverDriven is committed to providing equal opportunities, mobility, and peace of mind to the communities they serve.

Alternative student transportation is a massive and resilient industry that is underpinned by accelerating district outsourcing trends, increasing transportation complexity, and durable funding sources. As a leading digital platform, EverDriven is uniquely positioned to help school districts address their most complex transportation challenges through a robust suite of cloud-based software solutions that provide greater automation, compliance, and visibility into each phase of the ride experience.

In partnership with Charlesbank, EverDriven is well positioned to extend their position as a leading asset-light, technology-driven platform that delivers value to key stakeholders throughout the K-12 student transportation ecosystem.

Contact the Harris Williams Technology Group or Transportation & Logistics Group to learn more about this transaction.