Academy Bus Purchases Archway Bus of West Warwick, R.I.

Leading Northeast Ground Transportation Provider Expands Service with Acquisition

Jun 30, 2010, 13:29 ET from Academy Bus

HOBOKEN, N.J., June 30 /PRNewswire/ -- Academy Bus, a leading commuter and charter bus company in the Northeast, purchased Archway Bus Transportation, Inc., of West Warwick, R.I.  The purchase included Archway's existing buses and its terminal building.

"Archway Bus is a respected and trusted charter bus provider in Rhode Island.  The company is well-known in the area and has built a successful business through safety, quality equipment and high levels of service – the same principles that lay at Academy's foundation," said Francis Tedesco, president of Academy Bus.  "Through this acquisition, customers in Massachusetts and Rhode Island can access new charter bus rental options through Academy and Archway with the same great service they have come to expect."

Academy's acquisition of Archway follows other recent expansion transactions in New England for the Hoboken, N.J.-based company, including the opening of a new bus terminal in Bridgeport, Conn., and relationships with Sacred Heart, Fairfield and Yale Universities.

Archway Bus Transportation CEO Stephen P. Archambault will manage Academy's Rhode Island operations.

"Archway has a long and proud history serving the Rhode Island community with trust we have built over decades of service," said Archambault, whose family founded the predecessor to Archway more than 50 years ago.  "Academy is the right company to continue that tradition while giving local customers greater choice and flexibility for their charter bus needs."

Archway Bus's fleet of luxury motor coaches is handicap accessible, equipped with two-way communication and audio and visual capabilities.  The company is a Department of Defense-approved bus carrier and was awarded the "Highest Safety Rating" from the U.S. Department of Transportation.  Archway's fleet is green coach certified through a pilot environmental transportation program in partnership with the University of Vermont.

About Academy Bus

Based in Hoboken, N.J., Academy Bus, LLC is the largest privately owned and operated motor coach company in the United States.  Utilizing more than 600 top-quality buses from nine locations throughout the Northeast including two new locations in Bridgeport, Conn. and Providence, R.I., the company maintains a diverse set of service offerings in charter, commuter and casino operations.  Whether moving 20 or 20,000, Academy has the expertise to satisfy every customer.  For more information on Academy Bus, LLC please visit www.academybus.com.

SOURCE Academy Bus



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