05/02/2017

 

 





   Vic Parra Joins CFA in Advisory Capacity
 

“We are very excited that Mr. Parra has joined us in an advisory capacity. He truly knows and understands the needs of this industry. Vic has dedicated the last 19 years to serving this industry and the passion he has for the business really shows.” said Brad Lindsay, Managing Director of CFA’s Memphis office.

Memphis, Tennessee  -  April 21, 2017 - After spending nearly two decades working with the United Motorcoach Association members, Victor Parra has joined Corporate Finance Associates in an advisory capacity. CFA works with middle-market companies by providing acquisition, divestiture, and transition planning guidance. While CFA offers M&A advisory services to a wide range of industry verticals, Vic’s role will be focused in the bus and motorcoach space.

Vic stated, “Before accepting the role as an advisor, I reached out to several of CFA’s past clients and they all spoke very highly of the work that they provided. It is very important to me that they have a good reputation. As you would imagine, I have many dear friends in the motorcoach industry and it is vital to me that they get the best advice possible. Many of these folks are like family to me, and I want to make sure that they are well taken care of.”

“We are very excited that Mr. Parra has joined us in an advisory capacity. He truly knows and understands the needs of this industry. Vic has dedicated the last 19 years to serving this industry and the passion he has for the business really shows.” said Brad Lindsay, Managing Director of CFA’s Memphis office.

Whether a coach company owner is looking to grow through acquisition, understand the value of their company, transition to family members, or sell to a third party, CFA can help. Every owner should start planning their exit strategy. Even if the acquisition or divestiture plan is still many years away, now is the best time to start the conversation.

Corporate Finance Associates is an investment banking services firm, with offices across North America and partner offices in Europe, Asia and Brazil providing   READ MORE>

 
  Prevost introduces electric cooling package for motorcoaches
 

From Metro:

Prevost is introducing the only electric cooling package for a powertrain of up to 500Hp.

The system takes cooling to a whole new level where the system takes into account the amount of cooling needed, where it is required, the power needed for the task, and how this power will be generated.

Unveiled at the UMA Expo, the innovative and fully-integrated system was designed entirely in-house at Prevost. It eliminates the belt-driven fan, thereby reducing the engine horsepower required to operate. The end result is up to 4% improvement in fuel economy, better reliability/less downtime, enhanced performance, and potential decrease in maintenance costs.

Unveiled at the UMA Expo, the innovative and fully-integrated system was designed entirely in-house at Prevost. It eliminates the belt-driven fan, thereby reducing the engine horsepower required to operate. The end result is up to 4% improvement in fuel economy, better reliability/less downtime, enhanced performance, and potential decrease in maintenance costs.

Prevost’s electric fan drive development was made possible by an in-house integration of all systems including a new electrical architecture. The new fans offer a progressive speed that is adjusted on demand from the engine cooling system. Since they are not driven by the engine, more power is available at the wheels.

The drive includes eight fans total; six for the radiator and for the Charge Air Cooler (CAC). Both the CAC and the radiator fans are split into two independent groups driven by a different multiplex module for complete redundancy to avoid coach down situation related to fan issues. The true beauty of the system is the vehicle can operate with only one of the two systems functioning.

The side by side configuration allows the complete surface of both the radiator and the CAC to receive fresh air. Debris cannot accumulate between them and the system logic was built with the following features to keep them clean and fully efficient at all time:

In winter conditions, fan rotation is reversed on a regular basis to push snow, ice, and sleet out of the radiator and CAC surface. In normal operation,  READ MORE>

 
  N.Y. MTA to pilot electric bus program in December 2017
 

The New York MTA is beginning an electric bus pilot program that will launch with a total of 10 buses in December 2017. As part of the new pilot, the MTA has secured board approval to lease the first five electric buses. A lease for an additional five buses will be presented to the MTA Board later this year.

The pilot program will test the performance of these electric buses in New York City and evaluate the results to determine future orders of..........  READ MORE>

The New York MTA is beginning an electric bus pilot program that will launch with a total of 10 buses in December 2017. As part of the new pilot, the MTA has secured board approval to lease the first five electric buses. A lease for an additional five buses will be presented to the MTA Board later this year.

 
 
 
 

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