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New Deal


Announced

Completed

Transdev North America completed the acquisition of First Transit from EQT.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private Equity

Transportation Services

Private

passenger transportation

Majority

Single Bidder

Acquisition

Domestic

Friendly

Completed

Synopsis

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Transdev North America, a provider of public transportation and mobility services, completed the acquisition of First Transit, a provider of passenger transportation and vehicle maintenance services, from EQT, a global investment organization. Financial terms were not disclosed. "Over the last few years, First Transit has continued its track record of growth, creating value for our investors, passengers, partners, and employees. As we embark on this new chapter with Transdev North America, we thank our partners at EQT for investing in us and our mission. We are excited about the future and look forward to what is ahead," Brad Thoma, First Transit CEO.

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