Parties
Company
Keolis North America
Company
Pacific Western Transportation Ltd.
Company
Diversified Transportation Ltd.
Company
Student Transportation of Canada Inc.
On July 9, 2024, Keolis North America agreed to acquire the Transit and Motorcoach business lines of Pacific Western Transportation (PWT) from Student Transportation of America (STA). This acquisition will double Keolis’ presence in Canada, adding approximately 545 vehicles across 23 municipalities and 1,100 employees. The deal includes PWTransit Canada Ltd., Prince George Transit Ltd., Whistler Transit Ltd., Pacific Western Charters Ltd., and Red Arrow Express Ltd., which operate under brands such as Ebus and Red Arrow.
The acquisition will expand Keolis’ footprint into Alberta, British Columbia, Ontario, and New Brunswick, complementing its existing operations in Quebec and Ontario. The transaction is subject to customary regulatory approvals in Canada.
Legal advisors on the transaction included Linklaters for Keolis and Fasken for Student Transportation of Canada Inc. and its subsidiaries.
Deal Type
Merger & AcquisitionIndustry
TransportationTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date