NFI Group Inc.

About NFI Group Inc.

NFI Group is a leading independent global provider of sustainable bus and motorcoach solutions, driving the evolution to zero-emission mobility with battery-electric and fuel cell-electric vehicles operating in over 150 cities across six countries, having completed over 220 million electric service miles.

Products & Services

New Flyer:A brand under NFI Group, focusing on bus manufacturing.

ARBOC:A brand offering specialty vehicles, likely focused on accessible or niche bus solutions.

Alexander Dennis:A subsidiary providing bus and coach solutions, including Plaxton coaches.

Plaxton:A coach brand under Alexander Dennis, specializing in coach manufacturing.

NFI Parts:A division providing parts for NFI vehicles.

Carfair:A brand focused on composite materials or components for buses.

Specialties

Sustainable bus solutions Zero-emission mobility Battery-electric vehicles Fuel cell-electric vehicles

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt (Second Lien Notes) T: - FT: Debt (Second Lien Notes)	A: 600000000 MR: - FA: $600 million FAN: 600000000	D: 2025-05-30 FD: 2025-05-30	-
2	RT: Debt T: - FT: Debt	A: 600000000 MR: - FA: $600 million FAN: 600000000	D: 2025-05-28 FD: 2025-05-28	-
3	RT: First Lien Senior Credit Facility T: - FT: First Lien Senior Credit Facility	A: 845000000 MR: - FA: $845 million FAN: 845000000	D: 2025-05-07 FD: 2025-05-07	6 investors
4	RT: Government Grant and Repayable Contribution T: - FT: Government Grant and Repayable Contribution	A: 18000000 MR: - FA: C$25 million FAN: 18000000	D: 2024-10-25 FD: 2024-10-25	2 investors
5	RT: Federal Funding T: - FT: Federal Funding	A: 15000000 MR: - FA: $15 million FAN: 15000000	D: 2024-10-25 FD: 2024-10-25	1 investors
6	RT: Debt T: - FT: Debt	A: 10000000 MR: - FA: C$10 million FAN: 10000000	D: 2023-12-18 FD: 2023-12-18	1 investors
7	RT: Grant T: - FT: Grant	A: 207000000 MR: - FA: over $207 million FAN: 207000000	D: 2023-09-07 FD: 2023-09-07	-
8	RT: Refinancing T: - FT: Refinancing	A: 444000000 MR: - FA: 444 million FAN: 444000000	D: 2023-08-25 FD: 2023-08-25	2 investors
9	RT: Debt T: - FT: Debt	A: 444000000 MR: - FA: approximately $444 million FAN: 444000000	D: 2023-08-25 FD: 2023-08-25	-
10	RT: Private Placement T: - FT: Private Placement	A: 133000000 MR: - FA: approximately US$133 million FAN: 133000000	D: 2023-06-27 FD: 2023-06-27	1 investors
11	RT: Subscription Receipts Offering T: - FT: Subscription Receipts Offering	A: 92000000 MR: - FA: C$125 million FAN: 92000000	D: 2023-06-06 FD: 2023-06-06	9 investors
12	RT: Public Offering of Subscription Receipts T: - FT: Public Offering of Subscription Receipts	A: 80000000 MR: - FA: C$108 million FAN: 80000000	D: 2023-05-31 FD: 2023-05-31	7 investors
13	RT: Public Offering T: - FT: Public Offering	A: 65000000 MR: - FA: C$88 million FAN: 65000000	D: 2023-05-30 FD: 2023-05-30	7 investors
14	RT: Private Placement T: - FT: Private Placement	A: 150000000 MR: - FA: $150,000,000 FAN: 150000000	D: 2023-05-11 FD: 2023-05-11	1 investors
15	RT: Equity Issuance and Second Lien Debt Financing T: - FT: Equity Issuance and Second Lien Debt Financing	A: 150000000 MR: - FA: $150 million FAN: 150000000	D: 2023-05-10 FD: 2023-05-10	12 investors
16	RT: Debt T: - FT: Debt	A: 187000000 MR: - FA: approximately $187 million FAN: 187000000	D: 2023-01-20 FD: 2023-01-20	2 investors

Debt (Second Lien Notes) Latest

2025-05-30

$600.0M

Debt 2025-05-28

$600.0M

First Lien Senior Credit Facility 2025-05-07

$845.0M

View 15 more funding rounds with Pro

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

C

Colin Robertson

Chair of the Board of Directors

A

Anne Marie O'Donovan

Corporate Director and Audit Committee Chair

L

Larry Edwards, ICD.D

Vice Chair, Board of Directors, and Lead Independent Director

P

Paul Soubry

President & Chief Executive Officer

K

Katherine S. Winter

Corporate Director

A

Adam Gray

Corporate Director

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Recent News

NFI Group Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised