School Bus Contractors

Student Transportation Inc. Acquires Annapolis Bus Co.

Posted on August 24, 2017

ANNAPOLIS, Md. — The newly formed School Transportation Group of Student Transportation Inc. (STI) has acquired Maryland contractor Annapolis Bus Co..

The deal adds more than 125 vehicles to STI’s fleet, along with annual revenue of about $8.5 million. Also, Maryland is a new state for STI, which the company said provides an opportunity to grow and build regional density in the Mid-Atlantic region.

Patrick Vaughan, president of STI's School Transportation Group, called Annapolis Bus Co. “a well-respected family business that has a great reputation in the Annapolis, Maryland, area, providing safe and reliable school and local transportation for many years."

Joining the STI team are Annapolis Bus Co.’s Ross Cohen, his two sons, and his team of management, drivers, and technicians.

“They fit very well with our family culture, our emphasis on safety, and providing great local service,” Vaughan said.

The school district that Annapolis Bus Co. contracts with, Anne Arundel County Public Schools, has approved the transfer of the contract. The company also provides transportation service for various charter and private schools in the Annapolis area.

"We are glad to have closed this transaction just at the official start of the school year so we can get a full year of operations under the new contract,” Vaughan added. “Ross and I are confident that there will be a smooth transition and nice start to the school year.”

Related Topics: Maryland, school start, Student Transportation Inc.

Comments ( 0 )
More Stories
Venecia Bisono of New York was arrested after allegedly leaving a 4-year-old on a school bus for six hours. She was charged with failure to exercise control of a minor and reckless endangerment. Photo by John Horton
News

Aide Accused of Leaving Student on School Bus

Venecia Bisono of New York is arrested after allegedly leaving a 4-year-old on a school bus for six hours. She is charged with failure to exercise control of a minor and reckless endangerment.

An article about purchasing a used school bus was the most-viewed feature on the SBF website this year. Photo by Barry Johnson
News

Top 5 Most-Viewed Feature Articles of 2017

Feature articles that drew the most traffic on the School Bus Fleet website in 2017 included tips on buying a used school bus and an immigrant’s journey from cab driver to running a school bus company.

Be the First to Know

Get the latest news and most popular articles from SBF delivered straight to your inbox. Stay on top of the school bus industry and don't miss a thing!