Foley adviseert Mobico Group bij verkoop van Noord-Amerikaanse schoolbusactiviteiten ter waarde van 608 miljoen dollar

Foley & Lardner LLP vertegenwoordigde Mobico Group PLC bij de voorgenomen verkoop van haar Noord-Amerikaanse schoolbusactiviteiten aan I Squared Capital, een toonaangevende wereldwijde infrastructuurinvesteringsbeheerder, voor een ondernemingswaarde van maximaal 608 miljoen dollar.

The transaction, which is expected to close in the third quarter of 2025, is part of Mobico’s strategy to strengthen its balance sheet and reallocate capital toward higher-growth opportunities, particularly in ALSA. The expected upfront net proceeds of approximately $365–385 million will be used to accelerate debt reduction, with potential additional earn-out payments of up to $70 million tied to future performance.

The Foley deal team was led by partner Daniel Cohen and included Danielle Osburn, Laura Burlot, Grace Fucci, and Ellie O’Neill (Corporate/Transactions), with support from Christopher Bourne (Private Equity), Neal Bakare and Jennifer Gardner (Finance), Michael Abbott and Hannah Demsien (Employee Benefits), and James Howard (Tax).