Coach USA, a leading provider of passenger transportation and mobility services, announced it has completed its previously announced transaction with an affiliate of The Renco Group Inc., Bus Company Holdings US LLC.
Following the completion of the transaction, Coach USA is operating the following bus lines under the ownership of an affiliate of the Renco Group: Dillon’s, Elko, Megabus Retail, Montreal, Olympia, Trentway/Ontario (including Megabus Canada), Perfect Body, Rockland, Shortline (including Chenango Valley Bus Lines), Suburban, Van Galder, and Wisconsin Coach – as well as certain assets of Community Coach. The existing Megabus intellectual property and retail operations are also part of the transaction.
The Alston & Bird team representing Coach USA was led by partners Eric Wise, Matthew Kelsey, and William Hao, senior associate Doug Harris, and associate Kennedy Bodnarek (Financial Restructuring & Reorganization); partners Sarah Mackenzie and David Shaw, senior associate Erik Nielsen, and associates Siena Cornacchini, Jeff Hill, Alex Krause, and Sarah Melikian (Corporate & Business Transactions); partners Charlie Morgan and Brett Coburn, senior associate Anna Saraie, and associate Leigh Shapiro (Labor & Employment); counsel Fahad Saghir (Employee Benefits & Executive Compensation); and counsel Jason Cygielman and associate Thomas Kelly (Finance
To learn more, please read Coach USA’s press release here.