Add-on Acquisition • Transportation

Firstgroup Acquires Transport St. Leonard

On January 9, 2012, Firstgroup acquired transportation company Transport St. Leonard

Acquisition Context
  • This is Firstgroup’s 3rd transaction in the Transportation sector.
  • This is Firstgroup’s 1st transaction in Canada.
  • This is Firstgroup’s 1st transaction in Quebec.

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M&A Deal Summary

Date January 9, 2012
Target Transport St. Leonard
Sector Transportation
Buyer(s) Firstgroup
Deal Type Add-on Acquisition

Target Company

Transport St. Leonard

Montreal, Quebec, Canada
Transport St. Leonard is a largest provider of school transportation in North America. Transco began operating the 150 schools buses in the area Monday, January 9, 2012.
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Buyer Overview 1

Buyer

Firstgroup

London, United Kingdom

Category Company
Founded 1986
Sector Transportation
Employees35,717
Revenue 4.7B GBP (2025)
DESCRIPTION

Firstgroup is a transport operator in the UK and North America, providing solutions for an increasingly congested world keeping people moving and communities prospering. The company operates five divisions which draw on common skills and expertise, but which are varied by geography, customer base and a mix of contract and passenger revenue. FirstGroup was founded in 1986 and is headquartered in London, England.


Deal Context for Buyer #
Overall 3 of 5
Sector: Transportation 3 of 5
Type: Add-on Acquisition 2 of 4
State: Quebec 1 of 1
Country: Canada 1 of 1
Year: 2012 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-09 Laidlaw International

Naperville, Illinois, United States

Laidlaw International, Inc. is an operator of school and inter-city bus transportation and a supplier of public transit services in North America. Laidlaw group businesses operate recognised brands, including Laidlaw Education Services, Greyhound Lines and Greyhound Canada ("Greyhound"), and Laidlaw Transit.

Buy £1.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-12 Firstgroup - North Devon Bus Operations

United Kingdom

Firstgroup - North Devon Bus Operations comprises approximately 30 vehicles which operate on ten routes in North Devon, together with around 100 employees and depot facility in Barnstaple.

Sell £3M