First Student Acquires Apple Bus Company
Both companies provide pupil transportation services to customers across North America. The acquisition is expected to be complete by no later than this summer.
First Student announced it has signed a purchase agreement to acquire Apple Bus Company. Apple Bus Company, headquartered in Missouri, provides transportation to more than 80 school district customers across North America, with a fleet of approximately 1,500 buses. The company has 33 locations in eight states.
According to a news release, First Student provides services including full-service transportation and management, special-needs transportation, route optimization and scheduling, maintenance, and charter services with a fleet of about 40,000 buses.
"Apple Bus Company shares in our unwavering commitment to provide students with safe, reliable transportation," said First Student President Paul G. Osland.
"Apple Bus Company, like First Student, believes great transportation partnerships are built on a foundation of trust, understanding, commitment and high-quality service," said Apple Bus President Mike Oyster.
Since 2019, First Student has acquired six bus lines and added more than 1,100 buses to its fleet.
The acquisition of Apple Bus is expected to be complete by no later than this summer. Terms were not disclosed.
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