Kinetic Group


Kinetic is an Australian-based public transport company, formerly known as AATS Group prior to August 2019. It is majority owned by Canadian pension fund OPTrust. It is also the parent company of airport transit provider SkyBus.

History

AATS started out as a consortium, which included Catalyst Direct Capital Management and OPTrust Private Markets Group, in 2014 to purchase SkyBus. Michael Sewards and Adam Begg were the founders and became the co-CEOs of the company.
AATS purchased Transit Australia Group in April 2019, including bus companies Sunbus and Surfside Buslines. Following the purchase, in August 2019, AATS Group was rebranded the Kinetic Group, and remains the parent company of SkyBus and TAG. In the same month, OPTrust began to seek a co-investor in Kinetic Group, who will hold a minority share in the group.
Kinetic acquired Sydney bus and coach charter company Telford's Bus & Coach in November 2019, followed by Cairns bus operator Love's Bus Service Queensland in January 2020.
In 2020, it was announced that Kinetic would buy GoBus and its 1700 buses, subject to approval by the New Zealand Overseas Investment Office.

Subsidiaries

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