Student Transportation of America/Student Transportation of Canada, an independent provider of school bus transportation services headquartered in Wall, has acquired Pacific Western Transportation, the largest privately owned transportation company in Canada.
STA/STC’s controlling shareholder, Quebec City-based investment group CDPQ, and its minority shareholder, Washington, D.C.-based Ullico, both reinvested in the company to support its growth through acquisition strategy.
“The merger with Pacific Western is a great day for STA/STC and for Pacific Western. The two organizations could not be better suited for each other, with our mutual devotion to safety and reliability. This will be a seamless transition as we are bringing together two great organizations. We have the utmost respect for Pacific Western’s leadership team, and their experienced team of drivers will be a perfect addition to our operations,” said STA CEO Patrick Vaughan. “Both companies share nearly identical values and cultures, and we are all dedicated to safe transportation and to our people. Together, we know we can enhance and expand our long-term commitment to our customers in Canada. We are excited for our future together.”
Pacific Western provides school bus, employee, transit and coach transportation services to customers throughout British Columbia, Alberta, Saskatchewan, Ontario, Nova Scotia and Yukon. Current President and CEO Tom Jezersek will continue to lead Pacific Western and its current management and staff following the merger.
“For decades, the hardworking team at Pacific Western Transportation has put our customers first. We’ve prioritized safety, ensured reliable services, and forged strong relationships with customers and communities. Now, we are pleased to reach an agreement with STA/STC, a like-minded company devoted to safety and service, that shares our same goals and vision for the company,” said Michael Colborne, chairman and CEO of Pacific Western Transportation. “STA/STC is very much a family business like ours. Its service, performance history, company stability, and commitment to sustainability were all positive factors that weighed into our decision. We are confident STA/STC will uphold our values, expand advancement opportunities, and position the merged companies for continued growth.”
Pacific Western’s transportation services, which are provided under Century Transportation, Cold Lake Bus Lines, Diversified Transportation BC, McCluskey Transportation, Montgomery Bus Lines, On-It Regional Transit, Prairie Bus Lines, SOUTHLAND Transportation, and Standard Bus Contracting BC & YK brands, will continue without disruption.