Announced
Completed
Financials
Tags
United States
Private Equity
Transportation Services
Private
passenger transportation
Majority
Single Bidder
Acquisition
Domestic
Friendly
Completed
Synopsis
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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