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01.23.2018 Firm News

Williams Mullen Represents Groome Transportation in Equity Investment by Cortec Group

On Jan. 8, 2018, Groome Transportation closed on an equity investment by Cortec Group. Groome Transportation is a leading specialty ground transportation provider based in Richmond operating across 12 states in both the airport shuttle and closed-loop campus shuttle markets. Cortec Group focuses on investing in family/entrepreneur-owned specialty service businesses.  Williams Mullen represented Groome thoughout the deal process, which included a pre-closing reorganization with multiple subsidiaries in multiple states.  The team included Beth Hungate-Noland, Conrad Garcia, Jenny Connors, Judy Bristow, Christina Edwards, Bobby Hamlett and Ned Turnbull, among others. Click below to read an article on the investment from Richmond BizSense. To read a press release on the investment, click here.

Richmond BizSense: Groome hitches ride with NY investment firm