TravelCenters of America
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 0.1x EV/Revenue 3.5x EV/EBITDA | round | |
* | $1.1m | Grant | |
| Total Funding | 000k | ||
| USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 17 % | (2 %) | (21 %) | 51 % | 48 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 1 % | 2 % | 3 % | 3 % | 3 % | 3 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | (2 %) | 1 % | - | 1 % | 2 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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TravelCenters of America (TA) was founded in 1972 by Phil Saunders and Thomas O'Brien. The company started with a simple vision: to provide a full-service travel center for truck drivers and travelers across the United States. Over the years, TA expanded its operations, offering a wide range of services including fuel, food, and maintenance.
In 2007, TravelCenters of America went public, marking a significant milestone in its journey. This move allowed the company to raise capital and expand its network of travel centers. The IPO was a turning point, enabling TA to enhance its services and reach more customers.
Throughout its history, TA has faced challenges, including economic downturns and changes in the transportation industry. However, the company has consistently adapted to these challenges by innovating and improving its offerings. Today, TravelCenters of America is a leading provider of travel center services, known for its commitment to quality and customer satisfaction.
In recent years, TA has continued to grow, acquiring smaller travel center chains and expanding its footprint across the country. This growth strategy has solidified its position as a key player in the industry, ensuring that it remains a trusted destination for travelers and truck drivers alike.
