A private equity firm has completed its acquisition of Coach USA and its subsidiaries, it was announced on April 15.
Both the bus carrier’s U.S. and Canadian operations was purchased for $271.4 million by Variant Equity from prior owner Stagecoach Group plc.
Coach USA operates intercity bus, public transit, employee transportation, campus shuttle and airport transportation services throughout the United States. It and Coach Canada has more than 4,500 employees and 2,200 buses throughout the United States and Canada.
Read the press release about the acquisition here.
Related News
- Ukrainian rail workers need our assistance
- Union Pacific corrupts FRA safety survey, involved members should call UP ethics hotline
- DIPP assessments drop to 32 cents per dollar of daily benefit coverage
- TD NTS room block hits capacity, more lodging being secured
- Colorado SLD: Ulterior motives fueled editorial regarding rail safety bill
- BLET buys into Ancora’s promises
- SMART GC Ellis issues statement on LACMTA’s emergency procurement declaration to acquire barriers
- SMART-TD maintains support of current NS leadership
- Online fundraiser established for Local 821 officer’s family
- Ground broken on Brightline West — new rail jobs incoming!