Key Takeaways
- • Krise Transportation, a subsidiary of American Student Transportation Partners Inc. (ASTP), acquired AJ Myers and Sons, a 76-year-old school bus operator based in Mars, Pennsylvania, according to Pittsburgh Business Times reporting.
- • ASTP is backed by private equity firm CVC, which agreed to acquire the platform, and the deal extends a growing student transportation portfolio tied to a manager with $28 billion in assets.
- • The primary source reports the acquisition but the publisher context does not disclose a deal value, so financial terms remain unconfirmed.
Summary
Krise Transportation has acquired AJ Myers and Sons, a school bus operator based in Mars, Pennsylvania, that has served the community for 76 years. The acquisition was reported by Patty Tascarella, senior reporter at the Pittsburgh Business Times, on October 13, 2026, and was described in coverage from The Business Journals.
Krise Transportation is part of American Student Transportation Partners Inc. (ASTP), a private equity-backed platform. Publisher context indicates that CVC Capital Partners agreed to acquire ASTP, and that the Mars transportation firm joins a growing platform backed by a $28 billion manager. ASTP reportedly transports more than 90,000 students each school year across the Northeast and Midwest through a fleet of more than 2,300 vehicles. Earlier ownership changes at the platform included a sale by Access Holdings, which had held the business since 2021.
The transaction adds an established regional operator to ASTP's footprint in Pennsylvania. Financial terms of the AJ Myers and Sons deal were not disclosed in the materials reviewed. Readers tracking consolidation in the school bus sector should note that the deal follows a broader pattern of private equity ownership in student transportation, including the EQT-owned First Student, described as the largest provider of its kind in North America.
Krise Transportation is part of American Student Transportation Partners Inc. (ASTP), a private equity-backed platform. Publisher context indicates that CVC Capital Partners agreed to acquire ASTP, and that the Mars transportation firm joins a growing platform backed by a $28 billion manager. ASTP reportedly transports more than 90,000 students each school year across the Northeast and Midwest through a fleet of more than 2,300 vehicles. Earlier ownership changes at the platform included a sale by Access Holdings, which had held the business since 2021.
The transaction adds an established regional operator to ASTP's footprint in Pennsylvania. Financial terms of the AJ Myers and Sons deal were not disclosed in the materials reviewed. Readers tracking consolidation in the school bus sector should note that the deal follows a broader pattern of private equity ownership in student transportation, including the EQT-owned First Student, described as the largest provider of its kind in North America.
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