In 2005, with a need to modernise the fleet and a realisation that full privatisation would better equip the operator to overcome the increasing competition it was facing from Wilts & Dorset, the Council offered the company for sale.

To make sure that the public were made aware of these changes, Transdev Yellow Buses held road shows across Bournemouth, Poole and Christchurch to publicise its new network, livery, branding and new fare structure.

[citation needed] In April 2010 services were expanded into East Dorset with the launch of the hourly route 29 between Bournemouth, Winton, Ferndown and West Moors.

[14] In early 2018, it was announced that Yellow Buses would be reverting to an earlier route-name format - '1', '1a', '1b' and so on - these changes coming into effect on 8 April 2018.

[17] On 2 July 2019, following a review of its operations, RATP Group sold Bournemouth Transport Limited to the three directors of the latter company in a management buyout.

[20] In the February of the same year, Yellow Buses stopped using Poole Bus Station due to anti-social behaviour in the area.

[21][22] Two years after difficulties in attempting to recover from the COVID-19 pandemic, the company fell into administration in July 2022, citing loss in revenue and an increase in running costs for the business.

[24] Yellow Coaches was purchased by Xelabus of Eastleigh on 5 August, though its operations ceased in February 2023 with their tender for its services expiring the same month.

[25][26] The National Express Group purchased the intercity coaching and engineering operations of Yellow Buses from administrators Milsted Langdon on 8 August.