Atlantic Express Transportation Group Inc. Acquires Robert L. McCarthy & Son, Inc.Business Editors STATEN ISLAND Staten Island (1990 pop. 378,977), 59 sq mi (160 sq km), SE N.Y., in New York Bay, SW of Manhattan, forming Richmond co. of New York state and the borough of Staten Island of New York City. , N.Y.--(BUSINESS WIRE)--Feb. 22, 2000 Atlantic Express Atlantic Express may refer to:
(2) (Root Mean Square) A method used to measure electrical output in volts and watts. 1. RMS - Record Management Services. 2. ), a major school bus transportation provider in Central Massachusetts. Entering the Massachusetts school bus service market a little over a year ago, Atlantic's Massachusetts fleet has now grown to over 750 vehicles through a series of four acquisitions. Just last month, it acquired Transcomm, Inc., a major service provider in the eastern region of the state. Other acquisitions in that state include the Fiore Group of Companies and McCarty Limousine Service, Inc. Domenic Gatto Domenic "Mick" Gatto (Born circa 1952) is an Italian-Australian former heavyweight boxer, and a convicted criminal. He is a professional mediator within the building industry in Melbourne. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president of Atlantic said, "Robert L. McCarthy & Son is another excellent addition to our fast growing operation in Massachusetts. We plan to continue growing in the area through acquisitions and we expect to benefit from synergy derived from integration and critical mass. Atlantic has the financial strength to continue growing nationwide and our acquisition pipeline remains very strong." Robert L. McCarthy, founder and president of RMS said, "Since I started the business in 1956, I always believed that providing quality service to our customers is a top priority as each bus has my name on it. With Atlantic's excellent service reputation, I am confident that this tradition will continue under Atlantic Express considering that Domenic Gatto has operated with the same philosophy for over 28 years." Gatto welcomed to Atlantic's management group John McCarthy (person, artificial intelligence) John McCarthy - A pioneer of artificial intelligence (he coined ther term). He invented Lisp at MIT in the late 1950s and later worked at SAIL. ftp://www-formal.stanford.edu/jmc. E-mail: <jmc@cs.stanford.edu>. and Rose Mary Kadelski who will continue to manage the company's operations. Both are children of part-owners Robert and Phyllis McCarthy Phyllis McCarthy (12 March 1903 Johannesburg – 16 February 1986 Johannesburg) was a noted South African breeder of and authority on Rhodesian Ridgeback dogs. She established the Glenaholm Kennels in 1949 in Pietermaritzburg, South Africa, played a seminal role in the . This acquisition is the seventh (7) roll-up within 14 months along with five (5) new major contracts nationwide during that same time period. The other acquisitions are: Transcomm, Inc., the Fiore Group of Companies, McCarty Limousine Service Inc., all in Massachusetts; T-NT Bus Service Inc. in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Mountain Transit Inc. in Vermont and Winsale Inc. in New Jersey. Atlantic's new major contracts include school bus and paratransit contracts in Northern New Jersey, Chicago (IL), Long Beach (CA), Denver (CO), Phoenix (AZ), St. Louis (MO), Philadelphia (PA) and Billerica (MA). Atlantic Express is the third largest provider of school transportation in the United States This article or section has multiple issues: * It does not cite any references or sources. Please help improve this article by citing reliable sources. * It may need to be to meet Wikipedia's quality standards. and is the LARGEST AMERICAN-OWNED, AMERICAN-BASED SCHOOL BUS COMPANY. With this acquisition, Atlantic now operates approximately 6,500 vehicles from coast to coast with revenues of approximately $400 million. Atlantic is also one of the nation's largest providers of paratransit service and provides coach and charter, pre-kindergarten transportation as well as bus sales and bus leasing. For additional information or for inquiries on joining the Atlantic Express Group, please contact: Domenic Gatto, CEO/President - Telephone: (718) 442-7000 ext. 8060. For inquiries regarding business development and acquisitions, please contact: Noel Cabrera, Executive Vice President - Tel. (718) 442-7000 Ext. 8073. Website: www.atlanticexpress.com E-mail address See Internet address. e-mail address - electronic mail address : corporatehq@atlanticexpress.com Information contained in this news release other than statements of historical fact are forward-looking statements subject to various risks and uncertainties. Although Atlantic believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove correct. Factors that could cause the Company's results to differ materially from the results in such forward-looking statements include reduction and/or changes in contract requirements of customers. |
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