Gryphon Junior Capital has invested in North America Central School Bus to support its growth initiatives in the student transportation sector.

Target Company Overview

North America Central School Bus (NACSB), founded in 2004 and headquartered in Joliet, Illinois, is a prominent provider of student transportation services across North America. The Company specializes in home-to-school transportation for both general and special education students, as well as charter services for school districts. With a fleet exceeding 5,700 vehicles, NACSB travels over 50 million miles annually, ensuring safe transportation for students to and from school and extracurricular activities.

Employing more than 6,000 individuals, NACSB boasts a dedicated network of drivers and monitors focused on delivering reliable and secure services. The Company is majority-owned by H.I.G. Capital, a well-regarded global private equity firm based in Miami, Florida.

Industry Overview

The student transportation industry in North America is characterized by a growing demand for safe and efficient transport solutions. Increasing enrollment in schools, coupled with an emphasis on safety and accessibility for special e