Sale of family-owned bus service company
Piper Alderman advised the Duffy family on the sale of their Bundaberg bus transportation business in Queensland, Duffy's City Buses to Kinetic.
Duffy’s City Buses has been a major bus operator in Bundaberg since 1954 and has provided town and school bus services to the area since that time. Piper Alderman advised the Duffy family on the sale of Duffy’s City Buses to Kinetic. The sale of Duffy’s City Buses to Kinetic adds another Queensland region to Kinetics’ large stable of Queensland businesses.
The Piper Alderman deal team advised the Duffy family on all aspects of the transaction including the obtaining of consent from the Department of Transport and Main Roads and the lease of the depot real estate. The team is experienced on overseeing mergers and acquisition, which ensured that the Duffy family received the best legal advice on the transaction.
Chris Duffy, former owner of Duffy’s City Buses said:
“Selling the family business after 68 years was traumatic enough but the polished team from Piper Alderman led by Maria Capati, along with Kara Pennisi, made the sale of our transport business as easy as it could have been. Their knowledge of the industry, their attention to detail and guidance helped us feel comfortable throughout the transaction. Always felt confident in their approach. Could not recommend Piper Alderman highly enough.”