Achievement February 25, 2026

Troutman Pepper Locke Advises Girardin Group on $200 Million Sale of Micro Bird Joint Venture Stake to Blue Bird Corporation

BOSTON – Troutman Pepper Locke represented Girardin Group in the sale of its 50% interest in the Micro Bird joint venture to Blue Bird Corporation (Nasdaq: BLBD) for approximately $200 million in cash and stock. For more information, see the press release.

Girardin Group is a third-generation family business and longtime partner of Blue Bird Corporation, specializing in bus and school bus transportation for more than 65 years. The transaction, expected to close in the first half of 2026, will allow Blue Bird to consolidate its North America operations and unify its businesses under one team and brand, unlocking further value for customers and shareholders.

The Troutman Pepper Locke team that advised Girardin Group included Tom Rose, Mat Saykiewicz, Shona Smith, Joe Walsh, Paul Porretta, Regina Tisdale, Joe Cataldo, Dan Anziska, Mark Goldsmith, and Jacob Richards.

Consistently recognized as a top-tier practice, Troutman Pepper Locke’s corporate attorneys regularly handle strategic deals for clients ranging from industry leading, Fortune 100 corporations to emerging companies. Core areas of service include mergers and acquisitions, corporate finance, corporate governance, securities laws compliance, capital markets transactions, and other significant domestic and cross-border transactions, as well as general corporate counseling.

Troutman Pepper Locke
Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.