Announced
Financials
Tags
Pending
Single Bidder
transportation provider
Acquisition
Private Equity
Cross Border
Majority
United States
Transportation Services
Friendly
Private
Synopsis
EQT Partners-backed First Student, a provider of essential student transportation to school districts in North America, agreed to acquire Total Transportation, a provider of general and special education student transportation, paratransit, and charter services throughout New York City, Upstate New York and Philadelphia. Financial terms were not disclosed. "Total Transportation has more than 40 years of experience providing safe, reliable and high-quality service to the communities they serve. They have a deep understanding of the level of care required to meet their passengers' needs. We are proud to welcome TTC employees to our team. Working together, we can strengthen our commitment to provide the best possible bus-riding experience for school districts, organizations and families," John Kenning, First Student Chief Executive Officer and President.
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