Oak Creek, Wis.-based Riteway Bus Service Inc. d/b/a GO Riteway Transportation Group, has acquired Cardinal Buses Inc. of Middlebury, Ind.
According to a press releasae, Go Riteway has 1,475 employees in 22 locations with over 1,250 passenger transportation vehicles, including school buses, motorcoaches, mini-coaches, black cars and airport shuttles.
Cardinal Buses operates satellite offices in Mishawaka, Ind., and Holland, Mich. and has 120 employees operating over 50 vehicles. When the companies are combined, the GO Riteway / Cardinal Bus operation will become one of the largest diverse fleets in the Midwest.
“Both Matt and I are nearing retirement age and were looking for a business partner who shared our values and would maintain the legacy our family has built over the years,” said Dan Shoup, co-owner of Cardinal Buses. “We’re confident we found that partner in the Bast family and that GO Riteway has the type of organization that can successfully take Cardinal forward.”
Ronald Bast, chairman of GO Riteway, said, “We have been looking to grow the geographic footprint of our motorcoach business for years, but it was important for us to find a company that shared our family values. We respect the business the Shoup family and their valued employees have built. We plan to keep the Cardinal name in the markets where they operate,” Bast said. “Just like our name in our markets, their brand is a long-time symbol of safe and reliable passenger transportation,” he added.