Sidley represented Variant Equity in its agreement to purchase Stagecoach Group’s North America Division. Coach USA is a leading provider of passenger transportation and mobility services, including intercity bus, public transit, employee transportation, campus shuttle and airport transportation services. The transaction is valued at approximately $271.4 million.
The deal was led by M&A partner, Rob R. Carlson (Palo Alto). Team members included M&A associates Sara M. Carian, Chajin Wu and Lauren Q.A. Guerdat (Palo Alto); Tax partners Ivy H. Jones (Los Angeles) and Will Smith and associates Oliver Rosshandler (London) and Scott Pollock (Chicago); Employee Benefits and Executive Compensation partner Matthew E. Johnson (Chicago); Transportation partner Matthew J. Warren and associate Marc A. Korman (Washington, D.C.); Derivatives partner Ellen P. Pesch (New York); Technology and IP Transactions associate Rachelle Soderstrom; and Global Finance partner Robert G. Stephens and associate Mario R. Samos (Houston).