National Express

Birmingham, United Kingdom Founded: 1928 • Age: 98 yrs Acquired By I Squared Capital
Public transport services are delivered through coaches, buses, and trains.
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About National Express

National Express is a company based in Birmingham (United Kingdom) founded in 1928 was acquired by I Squared Capital in April 2025. It operates as a Pay-per-Use / Usage-Based, and Subscription Services. National Express has completed 10 acquisitions, including Alsa, Lucketts Travel and Quality Bus Service. National Express offers products and services including Coach Travel, Airport Transfers, and Event Travel.

  • Headquarter Birmingham, United Kingdom
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name National Express Ltd
Operational Areas
Transportation, Automotive & Logistics → Rail Transportation & Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    NatWest

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Alsa

    & 9 more

  • Acquired by
    I Squared Capital

    (Apr 25, 2025)

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Products & Services of National Express

National Express offers a comprehensive portfolio of products and services, including Coach Travel, Airport Transfers, and Event Travel. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Coach travel services are provided across the UK.

Airport transfer services are offered to major terminals.

Event travel solutions are arranged for large gatherings.

People of National Express
Headcount 1000-5000
Employee Profiles 83
Board Members and Advisors 7
Employee Profiles
People
Joe Meehan
Recruiter
People
Vic Duddy (Fcilt
Head Of Zero Emission Implementation
People
Andrew Lennox
Programme & Improvement Director
People
Francisco Iglesias
CEO, ALSA

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Board Members and Advisors
people
Mike McKeon
Independent Non-Executive Director
people
Carolyn Flowers
Independent Non-Executive Director
people
Karen Geary
Independent Non-Executive Director
people
Helen Weir
Chair

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Funding Insights of National Express

  • Total Funding
  • Total Rounds 4
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2020 Amount Post-IPO - National Express Valuation

investors

Oct, 2019 Amount Debt – Conventional - National Express Valuation

investors

Jul, 2019 Amount Debt – Conventional - National Express Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in National Express

National Express has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include NatWest, I Squared Capital and GMPF. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Provides pension management and benefits for members and employers in Greater Manchester.
Founded Year Domain Location
Commercial bank
Founded Year Domain Location
Investments are focused on infrastructure sectors like energy and transport.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by National Express

National Express has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Alsa, Lucketts Travel and Quality Bus Service. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of bus charter services
1997
Operator of buses
1986
Provider of transportation services
1981
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - National Express

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

National Express Comparisons

Employees
+
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Competitors of National Express

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on National Express

Frequently Asked Questions about National Express

When was National Express founded?

National Express was founded in 1928 and raised its 1st funding round 81 years after it was founded.

Where is National Express located?

National Express is headquartered in Birmingham, United Kingdom. It is registered at Birmingham, England, United Kingdom.

Who is the current CEO of National Express?

Matt Ashley is the current CEO of National Express.

What does National Express do?

National Express is established as a prominent provider of coach travel and airport transfer services across the United Kingdom. Services are extended to numerous destinations including major cities like London, Birmingham, and Manchester, as well as key airports such as Heathrow, Gatwick, and Stansted. Solutions are offered for event travel, ensuring convenient transportation to large gatherings. Emphasis is placed on sustainability, with initiatives like carbon offsetting being integrated into operations. A modern fleet is maintained, equipped with amenities like free Wi-Fi and charging points to enhance passenger experience.

What products or services does National Express offer?

National Express offers Coach Travel, Airport Transfers, and Event Travel.

How many acquisitions has National Express made?

National Express has made 10 acquisitions, including Alsa, Lucketts Travel, and Quality Bus Service.

Who are National Express's investors?

National Express has 3 investors. Key investors include NatWest, I Squared Capital, and GMPF.

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