About Tower Transit Group
Tower Transit Group is a Transportation, Automotive & Logistics company based in London (United Kingdom) founded in 2013. Bus services are operated in London by Tower Transit Group. Tower Transit Group has completed 2 acquisitions, including Acosta and LibertyBus. Tower Transit Group offers products and services including Bus Franchising Services and Multi-modal Transport Operations. Its focus areas include Travel and Hospitality, Bus Operators and Transportation and Logistics.
Company details
Tower Transit Group was established in 2013 as a bus operator in the transportation sector. Public bus routes are managed across London, United Kingdom, with services provided under contract to local authorities. Operations include fleet maintenance and route scheduling to support urban mobility. The company maintains a presence in the UK public transport network, focusing on reliable service delivery in the capital region.
- Headquarters London, United Kingdom
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website towertransit.co.uk
- Social LinkedIn X Facebook
- Legal Name Tower Transit Group
- Annual Revenue$59.73 M (USD)-37as on Jun 30, 2022
- Net Profit$14.35 M (USD)454as on Jun 30, 2022
- EBITDA$14.06 M (USD)451as on Jun 30, 2022
- Latest Funding Round$20.64M (USD), Debt – Conventional
Aug 2021
- Investors
- Investments & AcquisitionsAcosta
& 1 more
Products & Services of Tower Transit Group
Tower Transit Group offers a comprehensive portfolio of products and services, including Bus Franchising Services and Multi-modal Transport Operations.
High-quality bus services are delivered under franchised models in partnership with transport authorities
Transport operations are managed across bus and tourism sectors to adapt to regulated environments
Funding Insights of Tower Transit Group
- Total Rounds 1
- Last Round Debt – Conventional — $20.64M
- First Round $20.64M
(Aug 2021)
- Investors Count 1
All 1 funding rounds of Tower Transit Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $20.64M | Debt – Conventional | – | – |
1 investors in total: 1 institutional.
Investors in Tower Transit Group
Tower Transit Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Lombard Asset Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Asset finance solutions are provided for UK businesses by Lombard. | 1861 | lombard.co.uk | London, United Kingdom |
Investor details for Tower Transit Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Tower Transit Group
24 people are tracked at Tower Transit Group (9 in leadership, 15 in team).
| Name | Role | Group |
|---|---|---|
Clint Feuerherdt | Group CEO | Leadership |
Samuel Ribeiro | Managing Director | Leadership |
Joo Lee Ng | Business Development Director | Leadership |
Glenn Lim | Director, Communications & Customer Experience | Leadership |
Samuel Scott | Group Legal Director | Leadership |
V Venkatasan Perianan | Director Of Engineering | Leadership |
Kevin Hart | Director Of The Channel Islands | Leadership |
Satnam Singh Cheema | Group Engineering Director, UK & Singapore | Leadership |
Dorcas Yim | Human Resources Director | Leadership |
Gavin Fisher Amimi | Hybrid Engineer, Former Hydrogen Engineer | Team |
Paige Mathison | Operations Administrator | Team |
Priscilla Wong | Senior Manager, Operations | Team |
Jason Chong Guowei | Service Controller | Team |
Ahmad Irfan Mohamed Ali | Service Controller | Team |
Gopinath Ramaraj | Senior Quality Engineer | Team |
Zenio Wee | Service Controller | Team |
Kevin Sharp | Operations Manager, Jersey | Team |
Syafiqah Adam | Corporate Development Manager | Team |
Jacine Wee | Human Resources Executive | Team |
Sutina Mohamed | Operations Executive | Team |
4 more people are available in the full profile.
Complete people profiles for Tower Transit Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Tower Transit Group
Tower Transit Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Acosta and LibertyBus.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Bus transport services are operated in the Channel Islands. | libertybus.je | Saint Helier, Channel Islands | 2013 | Oct 2022 | •••• | |
Acosta is recognized as a catalyst for omnichannel retail growth. | impactgrp.com | Boise, United States | 1994 | Nov 2014 | •••• |
Complete acquisition details for Tower Transit Group
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Tower Transit Group
4 dated milestones of Tower Transit Group across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Tower Transit Group is founded.
- Acquisition Acquires Acosta.
- Funding First funding round of $20.6M.
- Acquisition Acquires LibertyBus.
Web traffic of Tower Transit Group
The website of Tower Transit Group (towertransit.co.uk) receives about 2K visits a month.
- Monthly visits2K
Top companies in Public & Shared Mobility
2 companies that operate in the same segment as Tower Transit Group (Public & Shared Mobility) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bus services are operated across regions from Scotland. | 1995 | Aberdeen, Scotland, United Kingdom | USD 6.29 B | 35,720 | ||
Express and local bus services are operated across the UK. | 1980 | Stockport, Greater Manchester, United Kingdom |
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Frequently Asked Questions about Tower Transit Group
Tower Transit Group was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Tower Transit Group is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Annual revenue of Tower Transit Group is $59.73M as on Jun 30, 2022.
Tower Transit Group was established in 2013 as a bus operator in the transportation sector. Public bus routes are managed across London, United Kingdom, with services provided under contract to local authorities. Operations include fleet maintenance and route scheduling to support urban mobility. The company maintains a presence in the UK public transport network, focusing on reliable service delivery in the capital region.
Tower Transit Group offers Bus Franchising Services and Multi-modal Transport Operations.
Tower Transit Group has made 2 acquisitions, including Acosta, and LibertyBus.
Tower Transit Group has 1 investor. Key investors include Lombard Asset Finance.
Tower Transit Group operates through Tower Transit Group.