First Student Inc. acquires school bus operator Dufresne Group
February 11, 2023
On February 13, 2023, First Student Inc. announced the purchase by its affiliate Autobus Transco (1988) Inc.
Dufresne Group, a Montreal-based provider of school transportation, shuttle, charter bus operations, and coach services operations in the Greater Montreal, the surrounding South shore areas and in the Outaouais region, with a fleet of 542 vehicles and providing service to nine school boards and school service centers.
First Student Inc. is the largest provider of school bus services in North America headquartered in Cincinnati, Ohio, with a fleet of about 46,600 buses.
McCarthy Tetrault advised First Student Inc. with a team led by David F. Blair and Matthieu Rheault that included Alexandre Saulnier-Marceau, Elena Sophie Drouin, Mireille Trottier, Isabelle Pépin-Lapointe, Brian Lipson, Asma Boudoukha, Kate Blaney, Juliette Despatie (M&A and Transportation), Dominique Amyot-Bilodeau, Amelia Fong (Environment), Emilie Thibault, Jasmin Ethier (Labour), Annie Gagnon-Larocque, Emily Ruvo (RPP), Christian Meighen, Fred Purkey, Nicolas X. Cloutier, Geneviève Favreau (Tax), Dominic Thérien, and Daphné Anastassiadis (Foreign Investment).