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First Transit to be acquired by Transdev


JLiu15

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https://www.masstransitmag.com/management/article/21285284/transdev-to-acquire-first-transit

It looks like Transdev will be acquiring First Transit. For those who may not know, they were already purchased by EQT about a year ago. This is the second time they've been sold in the past two years.

It will be interesting to see how it plays out. Will all First Transit operations and vehicles be transferred to Transdev, or will First Transit still operate in name, just that it's owned by Transdev (like it is now with First being owned by EQT). I'm mostly curious about what it means for university transit systems as they operate plenty of them (e.g. Rutgers, Emory, LSU, GSU, SCAD, UTK, Alabama, etc), mostly using ElDorado Axess/EZ Rider.

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9 hours ago, JLiu15 said:

https://www.masstransitmag.com/management/article/21285284/transdev-to-acquire-first-transit

It looks like Transdev will be acquiring First Transit. For those who may not know, they were already purchased by EQT about a year ago. This is the second time they've been sold in the past two years.

It will be interesting to see how it plays out. Will all First Transit operations and vehicles be transferred to Transdev, or will First Transit still operate in name, just that it's owned by Transdev (like it is now with First being owned by EQT). I'm mostly curious about what it means for university transit systems as they operate plenty of them (e.g. Rutgers, Emory, LSU, GSU, SCAD, UTK, Alabama, etc), mostly using ElDorado Axess/EZ Rider.

That's gonna be a hell of a transit and shuttle operator behemoth.

First Transit is also very big in the UK (it started out as Badgerline in the city of Bristol); this is the French taking over the English.

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