Landmark Student Transportation

CC&L Infrastructure owns a majority interest in Landmark Student Transportation, which provides school districts with safe, reliable, contracted student transportation services in rural and suburban markets across both Canada and the United States.

As one of North America’s leading student transportation businesses, Landmark delivers hundreds of thousands of students to school each day through its owned and managed fleet of more than 4,600 buses.

Investment Highlights

Initial Investment Date

  • January 2022


  • Headquartered in Ontario, Canada with operations across North America


  • Student Transportation


  • Operational

Cashflow Profile

  • Highly contracted asset, typically under fixed-price service agreements that benefit from inflation linkages and limited exposure to fuel costs


  • Facilitates children’s access to education in local communities
  • Safety is a top priority across the company and school buses are statistically the safest mode of road transportation
  • The use of school buses is shown to reduce the overall number of vehicles on the road, contributing to lower aggregate green house gas (GHG) emissions as a result
  • Electrification of the school bus fleet presents a potential opportunity to further reduce GHG emissions over time