STC to acquire Elgie Bus Lines Ltd.
TORONTO — Student Transportation of Canada (STC) has entered into an agreement to acquire London, Ontario-based Elgie Bus Lines Ltd. Elgie will a...
TORONTO — Student Transportation of Canada (STC) has entered into an agreement to acquire London, Ontario-based Elgie Bus Lines Ltd.
Elgie will add more than 200 vehicles and four locations to STC's Ontario operations, and $8.2 million Canadian in annual revenue for the upcoming fiscal year. The contract agreements with its school board customers provide for a revenue increase for the current year and a fuel cost-mitigation provision.
"This is another very good strategic acquisition for us in Ontario," said Denis Gallagher, STC chairman and CEO. "The acquisition increases our Canadian dollar cash flow and further increases our natural currency hedge, which in addition to fuel mitigation has been a strategic objective of ours.”
Elgie will be the company's eighth acquisition since its Initial Public Offering and will increase its Canadian fleet to more than 1,200 vehicles and its annualized revenue to nearly $50 million Canadian.
STC is a subsidiary of Student Transportation of America.
More Management
Neighbors Helping Neighbors: Nearly 90 Years of Safely Transporting Wisconsin Students
From one farmer's act of service to a fourth-generation family business, Kobussen Buses reflects on nearly 90 years of earning the trust of Wisconsin families.
Read More →
Changing Lanes: AMF Bruns, Pro-Vision, CALSTART, HopSkipDrive, & Kooner
Check out who's been hired, promoted, and appointed to leadership positions at various school transportation industry suppliers and nonprofits.
Read More →
NCST Announces 18th Congress Event Dates, New Committees
The National Congress on School Transportation moves to St. Louis in May 2029, convening delegates and industry representatives to discuss new best practice recommendations. Now, the new committee chairs have been named.
Read More →
Key Moments from the 2026 NSTA Annual Meeting in the Mile High City
From federal policy updates and OEM presentations to speed networking and industry awards, see photos and highlights from the contractor association’s summer conference in Denver.
Read More →
HopSkipDrive Launches Spanish-Language App Update, Plans Additional Language Support
The update aims to improve communication with multilingual families by offering ride tracking, notifications, and support in Spanish, with more languages planned for the 2026-2027 school year.
Read More →
Where the Yellow Bus Takes Us: School Bus Fleet's 2026 Photo of the Year Winners
See the winning photos from School Bus Fleet's 2026 Photo of the Year contest, featuring stunning school bus images from across the U.S., from scenic landscapes to everyday moments.
Read More →
Why Emotional Intelligence Matters in Student Transportation
Learn the five key elements that bus drivers and transportation directors can use to stay calm in any situation.
Read More →
2026 Back-To-School Readiness Report
Staffing gaps, flat budgets, and the distance between “mostly prepared” and ready for the 2026-2027 school year.
Read More →
National School Transportation Association Presents 2026 Award Winners
Twenty-one individuals and contractor companies were recognized for excellence in student transportation at NSTA's annual meeting and convention in Denver.
Read More →
School Transportation Data Is Only as Powerful as the Story It Tells
Leaders say turning operational metrics into student-centered narratives can help districts justify investments and improve service.
Read More →