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Transportation M&A image Transportation M&A » By The Online Investor Staff, updated Sun., Jan. 17, 8:12 PM Recent mergers and acquisitions in the Transportation M&A category.

Slide #39. Student Transportation Inc. Two school bus companies

Acquirer: Student Transportation Inc. (STB)
Acquiree: Two school bus companies
Details: Student Transportation Inc. ("STI") (TSX:STB) (Nasdaq:STB), North America's third-largest and most progressive provider of school bus transportation services, today announced it has recently closed on the acquisition of two school bus companies that add to the regional density of its operations in Pennsylvania and New Jersey. Combined annual revenues for the two companies total just under $10 million and will add 170 vehicles to STI's current fleet.

Student Transportation is a North American provider of student transportation, operating more than 13,000 vehicles. Co.'s family of local companies delivers transportation, management, logistics and technology solutions to a wide range of school districts throughout the United States and Canada. Services are delivered by drivers, dispatchers, maintenance technicians, terminal managers, technology professionals and others who are caring members of their local communities.

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Company Name: 
Student Transportation Inc
Website: 
www.ridesta.com
Sector: 
Air Services Other
 

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Sell (1.33 out of 4)
8th percentile
(ranked lower than approx. 92% of all stocks covered)
Based on Zacks ABR data;
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