Kincaid Coach Lines' Lincoln operations will be the first out-of-state acquisition by Windstar Lines, Inc. of Carroll, Iowa.
Terms are not being announced.
According to the Lincoln Journal Star, Windstar says it plans to add more buses to the Lincoln location.
Windstar President Jeff Greteman says the purchase will let Windstar reach new customers.
Kincaid Coach Lines is based in Edwardsville, Kan. It also has terminals in Oklahoma, Florida and Texas.
Windstar operates more than 40 vehicles in four Iowa markets: Carroll, Cedar Rapids, Des Moines and Dubuque.