I Squared Capital Acquires National Express School: A New Era in Education Transportation
Chicago, Tuesday, 15 July 2025.
National Express School was acquired by I Squared Capital to enhance its operations and capitalize on education transportation opportunities, drawing significant investment to support growth and innovation.
Details of the Acquisition
On 15 July 2025, National Express School (NEXS), a notable figure in the education transportation sector, announced its acquisition by I Squared Capital from Mobico Group. This strategic move finalized after the acquisition was initially disclosed in April 2025, marking a significant moment for NEXS and the broader industry [1][2].
Financial Implications and Strategic Goals
The transaction, valued at approximately $610 million, highlights I Squared Capital’s commitment to investing in NEXS’s growth and operational improvements [3]. I Squared Capital, known for its expertise in the infrastructure investment realm, has emphasized its strategic intentions to provide long-term capital and enhance operational efficiency. This is expected to streamline NEXS operations, improve service delivery, and address modern educational needs [2][3].
Impact on Operations and Future Prospects
NEXS brands, including Durham School Services and Petermann Bus, are anticipated to benefit significantly from this acquisition. With an injection of resources and strategic direction, these brands are poised to cement their reliability and operational excellence. Tim Wertner, CEO of NEXS, expressed optimism about the acquisition, emphasizing the opportunity to harness I Squared Capital’s deep experience in the transportation sector to bolster service reliability and operational strength [1][2][3].
Market Context and Industry Trends
This acquisition is set against a backdrop of evolving demands within the educational transportation market. Increasingly, there is a call for more effective and efficient transportation solutions to align with modern educational infrastructures. By transitioning ownership, I Squared Capital aims to center NEXS as a leader in adapting to these market shifts, thereby unlocking new growth potentials [2][4].