The Renco Group completed the acquisition of Coach USA.

The Renco Group, a family owned, private holding company, completed the acquisition of Coach USA, a passenger transportation company. Financial terms were not disclosed. "We are moving forward with new owners and a solid financial foundation that will help us drive future growth and services improvement as we strive to be the safest transportation company in North America. The Renco Group brings additional resources and strategic expertise that will support our plans to invest in new technologies, fleet upgrades and service enhancements," Derrick Waters, Coach USA CEO.