financetom
Business
financetom
/
Business
/
Northborne Partners Advises Universal Transportation Systems in Connection with its Acquisition by Student Transportation of America
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Northborne Partners Advises Universal Transportation Systems in Connection with its Acquisition by Student Transportation of America
Oct 7, 2025 12:17 PM

MINNEAPOLIS, Oct. 7, 2025 /PRNewswire/ -- Northborne Partners is pleased to announce that it served as the exclusive financial advisor to Universal Transportation Systems ("UTS") in connection with its acquisition by Student Transportation of America ("STA"). Financial terms were not disclosed.

Founded in 1992, UTS is one of the largest independent student transportation providers in Ohio, serving school districts, charter schools and universities across the greater Cincinnati and Columbus metropolitan areas. Today, UTS has more than 350 employees and 350 school buses and vans, which operate from terminals in central and southwest Ohio.

Ben Marks, Managing Director at Northborne commented, "Student transportation continued to be a highly sought after sub-vertical within the broader infrastructure landscape, with substantial interest from both established strategic players like STA and funds looking to enter the space and create new platforms." This deal represents Northborne's second completed transaction in student transportation in 2025.

Regarding Northborne's involvement, Geoff Kuzio added, "The Northborne team was a trusted partner in helping us navigate this transaction. Their deep knowledge of the student transportation sector and depth of relationships with the strategic players in the industry were essential in helping us achieve this outcome."

Strauss Troy served as legal advisor to UTS.

About Northborne Partners

Northborne Partners is a preeminent middle market investment banking firm focused on providing M&A advisory services to companies in the industrial, healthcare, services and food & consumer sectors, among others. It specializes in advising private-equity-owned and closely-held businesses on complex sell-side transactions. Northborne Partners is headquartered in Minneapolis, MN. For more information, please visit northborne.com.

About Universal Transportation Systems 

Founded in 1992, UTS is a leading student transportation provider in Ohio, providing a mix of general education, special education and charter services. The Company serves a mix of public school districts, charter schools and universities from its terminals in Cincinnati and Columbus. For more information, please visit utsohio.com.

About Student Transportation of America

Founded in 1997, STA is North America's second largest and most progressive provider of school transportation services, operating more than 20,000 vehicles in 24 US states, 6 Canadian provinces and 1 Canadian territory. STA's family of local companies deliver safe, reliable and cost-effective transportation solutions to school districts throughout North America. For more information, please visit ridesta.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/northborne-partners-advises-universal-transportation-systems-in-connection-with-its-acquisition-by-student-transportation-of-america-302577470.html

SOURCE Northborne Partners

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Ovintiv Strengthens Portfolio With Core Oil-Rich Montney Asset Acquisition
BRIEF-Ovintiv Strengthens Portfolio With Core Oil-Rich Montney Asset Acquisition
Nov 15, 2024
Nov 14 (Reuters) - Ovintiv Inc ( OVV ): * OVINTIV STRENGTHENS PORTFOLIO WITH CORE OIL-RICH MONTNEY ASSET ACQUISITION * OVINTIV INC ( OVV ) - TO ACQUIRE MONTNEY ASSETS FOR $2.377 BILLION * OVINTIV INC ( OVV ) - TO SELL UINTA BASIN ASSETS FOR $2 BILLION * OVINTIV INC ( OVV ) - COMBINED TRANSACTIONS TO INCREASE 2025...
Ovintiv to Acquire Assets in Alberta Montney for $2.38 Billion, to Sell Uinta Basin Assets for $2 Billion
Ovintiv to Acquire Assets in Alberta Montney for $2.38 Billion, to Sell Uinta Basin Assets for $2 Billion
Nov 15, 2024
06:43 AM EST, 11/14/2024 (MT Newswires) -- Ovintiv ( OVV ) said Thursday that it has agreed to acquire certain assets in Alberta Montney from Paramount Resources in an all-cash transaction of $2.38 billion. The assets are located near the company's current operations and will add about 70,000 barrels of oil equivalent per day of production upon closing. Ovintiv (...
NetEase Q3 Earnings: Top Forecasts As Cloud Music Grows, Gaming Weakens
NetEase Q3 Earnings: Top Forecasts As Cloud Music Grows, Gaming Weakens
Nov 15, 2024
NetEase, Inc ( NTES )  reported a fiscal third-quarter revenue decline of 3.9% year-on-year to $3.73 billion (26.2 billion Chinese yuan), topping the analyst consensus estimate of $3.65 billion. The Chinese gaming player’s adjusted EPADS of $1.67 beat the analyst consensus estimate of $1.61. The stock climbed after the print. Also Read: Nutanix Catalysts Include HCI Growth, VMware Market Share Shift, And AI Demand: Analyst...
Update: Market Chatter: Blackstone Investing $300 Million in Brigade Capital
Update: Market Chatter: Blackstone Investing $300 Million in Brigade Capital
Nov 15, 2024
06:43 AM EST, 11/14/2024 (MT Newswires) -- (Updates with Brigade Capital's response in the third paragraph.) Blackstone (BX) is investing $300 million in hedge fund Brigade Capital to support the latter's new private credit strategy and expand its current collateralized loan obligations platform, Reuters reported late Tuesday, citing two unnamed people familiar with the matter. The investment manager will invest...
Copyright 2023-2026 - www.financetom.com All Rights Reserved