Student Transportation of america Acquires Universal Transportation Systems with Northborne Partners’ Guidance
Student Transportation of America (STA), a leading North American school transportation provider, has acquired Universal Transportation Systems (UTS), a prominent student transportation company in Ohio.The deal was advised by Northborne Partners, a financial advisory firm.
Founded in 1992, UTS serves a diverse range of clients including public school districts, charter schools, and universities across Ohio, operating from terminals in Cincinnati and Columbus. This acquisition expands STA’s footprint and strengthens its position as the second-largest school transportation provider in North America,operating over 20,000 vehicles across 24 U.S. states,6 canadian provinces,and 1 Canadian territory. The transaction allows UTS to leverage STA’s extensive resources and network to enhance its service offerings and reach a broader student population.
Northborne Partners played a key role in facilitating the transaction, providing advisory services to UTS throughout the acquisition process. Founded in 1997, STA delivers safe, reliable, and cost-effective transportation solutions to school districts. UTS provides a mix of general education, special education, and charter services.
Further details about the acquisition can be found at https://www.prnewswire.com/news-releases/northborne-partners-advises-universal-transportation-systems-in-connection-with-its-acquisition-by-student-transportation-of-america-302577470.html. more data on UTS is available at https://www.utsohio.com/ and STA at http://www.ridesta.com/.
