Sectors
Foley & Lardner LLP partner Daniel Cohen provided insight into the continued consolidation of the school bus industry and opportunities for private equity investors in the Mergermarket article, “Exit lanes widen for school bus roll-ups.”
Cohen noted that pandemic-related challenges and subsequent driver retention issues prompted more longtime owners to consider selling. For buyers, he added, “acquisitions present the fastest path to growth in the industry.”
Looking ahead, Cohen said a potential IPO would be the sector’s first in many years, adding that “others in the industry are watching that process carefully.”
