Announced
Completed
Synopsis
Student Transportation of America, a company that operates over 22k vehicles across the US and Canada, offering safe and reliable transportation services to schools, completed the acquisition of Universal Transportation Systems, a student transportation provider in Ohio, providing a mix of general education, special education and charter services. Financial terms were not disclosed. "Student transportation continued to be a highly sought after sub-vertical within the broader infrastructure landscape, with substantial interest from both established strategic players like STA and funds looking to enter the space and create new platforms," Ben Marks, Northborne Managing Director.
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