FOR IMMEDIATE RELEASE

Contact: 

Charles K. Oppenheimer

Amvest Financial Group, Inc.

816-461-3312

coppenheimer@amvest.com

Amvest Financial Group

Advises First Transit on Acquisition

Kansas City, Missouri, - Amvest Financial Group, Inc. advised First Transit, Inc., (Cincinnati, OH) on the acquisition of First Call Southtown. Amvest searched for the acquisition and represented First Transit in the transaction.

"Amvest has a successful track record of providing proprietary acquisition candidates for our clients and in negotiating successful acquisitions on their behalf,” said Charles K. Oppenheimer, Jr., President and CEO of Amvest Financial Group, Inc.

First Transit is a provider of public transit contracting, management and consulting services. First Transit is a business unit of FirstGroup America the U. S. –Based North American Operating Unit of FirstGroup plc, which is the U.K.’s largest bus operator with over $4 billion in revenue.

FirstCall Southtowns Wheelchair Van Service provides transportation within Erie County, N.Y., and surrounding areas. First Transit said the deal comes with more than 10 operating contracts and more than 100 vehicles.

First Transit plans to integrate FirstCall into its north central region operations.

“This addition will certainly complement our existing portfolio of non-emergency medical transportation businesses," said Craig Smedman, vice president of business development for First Transit.

Amvest, founded in 1976, is a leading national investment banking firm specializing in mergers, acquisitions, divestitures and related services for clients generally with sales from $10 million to over $5 billion.  Amvest's value is enhanced by the fact that some of their professionals have acquired and sold companies for their own account, providing real-world, hands-on experience.

For additional information, contact Charles K. Oppenheimer toll-free at 888-451-9698. ###