FirstGroup plc has completed its acquisition of Laidlaw International Inc., the Naperville, Ill.-based holding company for Laidlaw Transit, Greyhound Lines, Greyhound Canada and Laidlaw Education Services, as of Oct. 1.
FirstGroup completes Laidlaw acquisition
Stephen Gorman, Laidlaw CEO/president, steps down.
October 3, 2007
1 min to read
Following the announcement, Laidlaw's President/CEO Stephen Gorman stepped down and was replaced by Dave Leach, who had previously served as COO.
In February, Laidlaw announced that the company had entered into a merger agreement with FirstGroup to acquire all outstanding shares of Laidlaw for $35.25 per share. The deal combines North America’s two largest private school bus operators — Laidlaw Education Services and First Student Inc. — giving them a combined 40% of the school bus contractor market.
Topics:Management
More Management
Latinos In Transit Wraps Inaugural Navigate Mentorship Program,
The LIT Navigate Mentorship Program was launched as a structured, low-cost opportunity for active LIT members, focused on intentional growth, workforce development, mentorship, networking, and education.
Read More →
WMATA Expands U-Pass Program
Approved as part of WMATA’s Strategic Transformation Plan, the expanded program introduces new pricing and participation options that make it easier for colleges and universities to join and for more students, such as part-time, community college, and graduate students, to benefit from accessible transportation.
Read More →
People Movement: New CEO's in Georgia, California
In this edition, we cover recent appointments and announcements at Savannah's CAT, California's VVTA, STV, and more, showcasing the individuals helping to shape the future of transportation.
Read More →
How a Family-Run Company Built One of Atlantic Canada’s Most Trusted Transportation Providers
Family-run Newfoundland-based operator earns top honors with unwavering commitment to safety, innovation, and community.
Read More →
Bobit Business Media Expands Fleet Technology Platform with Acquisition of Roadz Partner Portfolio
Bobit Business Media has acquired key partner agreement assets from Roadz, expanding its role as a go-to-market partner for fleet technology providers and strengthening its digital sourcing capabilities.
Read More →
METRO Magazine Announces Return of Annual Buyer’s Guide
The revamped Buyer’s Guide will reach METRO’s audience of more than 17,000 print and digital subscribers, providing suppliers with year-round visibility in front of transit agency leaders, motorcoach operators, and industry decision-makers across North America.
Read More →
California Bay Area Transit Agencies Adopt Standard Sign Designs
The design guides are intended to make it easier for riders to identify information and use transit by delivering clear, predictable, and consistent information across service areas and county lines.
Read More →
New Orleans RTA Bus Ridership Exceeds Pre-Pandemic Levels in 2025
RTA predicts nearly 11 million bus riders in 2025, outpacing national recovery and setting the stage for major service upgrades.
Read More →
Dallas Set to Implement Regional Fare Adjustments
The adjustments are designed to simplify the fare structure, improve equity across rider categories, and support the long-term sustainability of transit service across DART’s 13 member cities.
Read More →
DART Approves Plan to Align Mobility Across 13 Cities
If adopted by the city councils of all 13 member cities, the plan would provide the requested funding from DART to the cities.
Read More →