First Student has announced an agreement to acquire Ontario-based Wubs Transit.
Founded in 2003, Wubs Transit provides school and charter transport services from two locations, and has a fleet of approximately 30 buses. The deal extends First Student’s operations in Ontario, where the company has almost 40 depots and transports more than 200,000 students every school day in the province.
“Wubs Transit has a great team of drivers and staff who share in our mission to provide safe and reliable transportation,” said First Student President Paul Osland. “This is further evidence that we are executing our strategy to grow through acquisitions as well as contract wins. We will continue to search for opportunities to use our resources, insight and expertise to benefit school systems, students and families across North America.”
The acquisition is First Student’s third in the last 12 months. In January, the company acquired the Campeau Bus Lines locations in Ottawa and Bowmanville, Ontario. Last October, First Student acquired Hopewell Transportation, a Chicagoland-based provider of school transportation services for special needs students and their families. The deal is expected to be closed in September.
