HF Companies Finalizes JED Transaction, Simultaneously Acquires Third St. Louis Transportation Company

June 30, 2023

The Hoffmann Family of Companies (HF Companies) has officially acquired JED Transportation of St. Louis, Missouri (LOI announced March of 2023), the largest transportation provider in the St. Louis metropolitan area while simultaneously acquiring a third, bolt-on, St. Louis transportation company, Corporate Transportation.

Since its founding in 1967, JED Transportation has become the largest and most respected luxury transportation provider in St. Louis, Missouri. Focused primarily on corporate, airline crew, sports teams, universities, and wedding transportation logistics, the JED full fleet of over 70 vehicles including sedans, SUVs, Vans, Mini-buses, Coaches, School busses, and limousines, meets all the needs of diverse customer base. The addition of Corporate Transportation further expands offerings and services to the mix.

“Aligning the JED Brand with the Hoffmann Family of Companies is a Once-in-a- Lifetime opportunity” says Vince Schneider, Chief Managing Member of the JED Companies.

JED Transportation and Corporate Transportation joins a growing portfolio of HF Companies in the Business Services sector aimed at providing a one-stop solution for corporations and event planners. In the St. Louis market, JED & Corporate Transportation is joining with Mid- American Coaches of Washington, Missouri, and nationally with Naples Transportation & Tours headquartered in Naples, Florida, Palm Beach Tours & Transportation in Palm Beach, Florida, and now into Michigan with a LOI to acquire Michigan’s largest transportation provider, rapidly growing the company’s vertical while providing access to an already vast global network of HF Companies partners.

“We are thrilled to report our ongoing expansion in St. Louis and throughout the mid-west, further diversifying our portfolio and increasing accessibility to our corporate partners and affiliates,” says Tamir Rankow, Director Hoffmann Family of Companies. “We are strategically poised to move quickly on a series of growth opportunities in the pipeline as well,” he added. The HF Companies Business Services portfolio is continuously growing with a focus on becoming a $1 billion entity by Q4 2023.

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