Terramont Infrastructure Partners, a middle market–focused North American infrastructure investment firm, has acquired Switzer-CARTY Transportation, a student-transportation company in Ontario, Canada.
Manulife Investment Management, on behalf of The Manufacturers Life Insurance Company, and Siemens Financial Services also participated in the transaction.
Switzer-CARTY provides safe, reliable and essential student-transportation services in Canada, serving more than 96,000 students daily. Headquartered in the Greater Toronto Area, the company services a diverse set of public school boards and private educational institutions.
“Switzer-CARTY’s best-in-class service standard and relentless focus on its people and culture is unmatched,” said Michael Lehman and Vikram Singh, co-managing partners of Terramont Infrastructure Partners. “A core focus for Terramont is sustainable mobility and Switzer-CARTY is in a unique position to ultimately replace a large n
