M&A Deal Summary

CDPQ Acquires Student Transportation of America

On February 27, 2018, asset manager CDPQ acquired transportation company Student Transportation of America

Acquisition Highlights
  • This is CDPQ’s 2nd transaction in the Transportation sector.
  • This is CDPQ’s 9th transaction in the United States.
  • This is CDPQ’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2018-02-27
Target Student Transportation of America
Sector Transportation
Buyer(s) CDPQ
Deal Type Going Private
Advisor(s) Scotia Capital, Inc. (Scotiabank - Global Banking and Markets) (Financial)
Goodmans (Legal)

Target

Student Transportation of America

Wall Township, New Jersey, United States
Student Transportation of America is a provider of school bus transportation services, operating more than 12,500 vehicles in over 300 school districts. Student Transportation of America was founded in 1997 and is headquartered in Wall Township, New Jersey.

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Buyer(S) 1

Buyer

CDPQ

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1965
PE ASSETS 80.0B CAD
Size Mega
Type Sector Agnostic
DESCRIPTION

CDPQ is a global asset management firm focused on a variety of investing strategies including fixed income, real estate, infrastructure, private equity, venture capital, and public equities. Within private equity, CDPQ looks to acquire significant minority stakes in businesses operating in a variety of sectors and seeks to commit $250 million to $1 billion per transaction. CDPQ was established in 1965 and is headquartered in Montreal, Quebec.

DEAL STATS #
Overall 46 of 101
Sector (Transportation) 2 of 3
Type (Going Private) 2 of 5
State (New Jersey) 1 of 1
Country (United States) 9 of 24
Year (2018) 3 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-11 Empresas Públicas de Medellín

Medellín, Colombia

Empresas Públicas de Medellín is a multi-utility company operates in the energy, telecommunications, and water sectors in Colombia. Empresas Públicas de Medellín was founded in 1955 and is based in Medellín, Colombia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-29 ICR

Norwalk, Connecticut, United States

ICR is a strategic communications and advisory firm. ICR helps companies manage credibility and reputational risk to optimize shareholder value. ICR specializes in investor relations, public relations, crisis, and special situations communications, digital/social media, and capital advisory solutions. ICR was founded in 1998 and is based in Norwalk, Connecticut.

Buy -
Mergr

Product

Company

Legal