STA acquires Ontario contractor
Student Transportation of Canada (STC), an operating subsidiary of Student Transportation of America, has acquired Simcoe Coach Lines Ltd., a school bus operator in Sutton, Ontario.
TORONTO — Student Transportation of Canada (STC), an operating subsidiary of Student Transportation of America, has acquired Simcoe Coach Lines Ltd., a school bus operator in Sutton, Ontario.
The acquisition will add more than 110 vehicles and $5 million (Cdn) in annual revenue. “This is a strategic acquisition that marks our fourth in the province and builds regional density,” said STC President David White. “It positions us to take advantage of the growth being experienced in the rural and suburban areas north of Toronto.”
STC also has operations in Ontario in the Waterloo, York Region and Peterborough areas.
Murray Walker, owner of Simcoe Coach Lines, said, “We are pleased that Simcoe Coach Lines Ltd. has become part of this well-run family of companies. We have known the Student Transportation management team for many years, and we are confident they will continue the outstanding service we have provided to our communities for the past 45 years.”
Student Transportation of America, headquartered in Wall, N.J., is the fifth-largest provider of school bus transportation services in North America. It currently operates more than 4,000 school vehicles in the U.S. and Canada.
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