September 23, 2016
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Creative Bus Sales Acquires National Bus Sales

National Bus Sales, a bus dealership headquartered in Marietta, GA, with 13 locations nationwide, has been acquired by Creative Bus Sales of Chino, CA, which has 16 locations across the country.

“There is tremendous synergy between the two companies when you look at our respective product lines and unique dealership locations,” said John Smith, chairman, National Bus Sales. “The acquisition makes a lot of sense for the industry and our valued customer base. Our customers and our employees will be in good hands with Creative.”

Tony Matijevich, president of Creative Bus Sales, called the acquisition “a significant strategic move … [that] validates the company’s mission to provide unparalleled sales, service and aftermarket support for our nationwide customer base.”


INIT Invests in Bytemark


INIT Innovations in Transportation Inc., headquartered in Chesapeake, VA, recently acquired a 27.5 percent stake in Bytemark Inc., based in New York City.

INIT develops ITS solutions for public transit, including system design and implementation, software and hardware development and electronics design. Bytemark is a mobile ticketing firm that provides smartphone apps, point-of-sale plug-ins and other technologies. The two firms have already worked together on projects in North America, Europe, the Middle East and East Asia.

“Based on the increasing demand for mobile payment technologies, we see this investment as a strategic partnership that will allow us to continue to deliver resilient ticketing solutions to transit companies,” said Roland Staib, INIT president and chief executive officer.

Micah Bergdale, Bytemark chief executive officer, said, “Having already collaborated on several projects, we are excited by the opportunity that a more formal relationship offers.”


WSP | PB Acquires CRC Engineering

WSP | Parsons Brinckerhoff (PB) has acquired substantially all the assets of CRC Engineering, P.C., a firm founded in 2008 that specializes in design, field services and commissioning for central utility plants and cogeneration systems. Both firms are based in New York City.

“We offer clients a broad range of services in power generation and delivery,” said Roger Blair, president of the U.S. industrial and energy sector at WSP | PB. “The closing of this transaction reinforces our expertise in the design and installation of central utility systems for facilities such as hospitals, universities and commercial buildings. It also expands our capabilities in the development of cogeneration plants, which are highly efficient systems that produce both electricity and thermal energy from one fuel source.”
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