M&A Deal Summary

First Student Acquires Autobus Dufresne

On February 13, 2023, First Student acquired transportation company Autobus Dufresne

Acquisition Highlights
  • This is First Student’s 4th transaction in the Transportation sector.
  • This is First Student’s 2nd transaction in Canada.
  • This is First Student’s 2nd transaction in Quebec.

M&A Deal Summary
Date 2023-02-13
Target Autobus Dufresne
Sector Transportation
Buyer(s) First Student
Deal Type Add-on Acquisition

Target

Autobus Dufresne

Sainte-Martine, Quebec, Canada
Autobus Dufresne is a provider of school transportation, coach and transit passenger services. Autobus Dufresne was founded in 1955 and is based in Sainte-Martine, Quebec.

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Buyer(S) 1

Buyer

First Student

Cincinnati, Ohio, United States
Category Company
Sector Transportation
Employees48,000
DESCRIPTION

First Student is a student transportation service provider in North America, providing over 900 million student journeys a year at approximately 1,000 school districts. The Company has 48,000 employees who operate a fleet of over 42,000 school busses and provide an essential service to North American students. First Student is based in Cincinnati, Ohio.

DEAL STATS #
Overall 4 of 4
Sector (Transportation) 4 of 4
Type (Add-on Acquisition) 3 of 3
State (Quebec) 2 of 2
Country (Canada) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-02 Total Transportation

Brooklyn, New York, United States

Total Transportation is an operator of a transportation company operating nearly 3,200 vehicles in New York, New Jersey, and Pennsylvania. Performing over 75,000 ADA trips per month and transporting approximately 100,000 school students per day. Total Transportation was founded in 1979 and is based in Brooklyn, New York.

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