M&A
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Fuel
U.S. Venture acquires Breakthrough Fuel
Automotive parts, tires, fuels and lubricant specialist U.S. Venture has bought energy information and supply chain management company Breakthrough Fuel…
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Canada
TFI acquisition of BeavEX assets gets court approval
Deal will grow U.S. last-mile business and add $100 million in annual revenue, Canadian transportation firm says.
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News
Providence Equity buys GlobalTranz back from The Jordan Company after just 8 months
GlobalTranz more than doubled EBITDA in less than a year.
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Canada
Gibson Energy sells trucking business to Trimac
Canadian firm nets C$100 million from deal with Saskatchewan bulk transportation company.
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Canada
TFI expands U.S. specialized truckload business with new acquisition
Aulick and ShirAul were “a compelling strategic fit for our Specialized Truckload growth objectives in the U.S,” says CEO Alain…
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Economics
Fortna acquired by private equity firm
Fortna, a supply chain automation design and implementation company, announced today that it entered into a recapitalization agreement with private…
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News
Apollo Global Management buys Direct ChassisLink, Blume Global for reported $2.5B
The seller was Swedish private equity group EQT Partners, which may be trying to clean up its balance sheet ahead…
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News
Harris Williams bankers explain why 3PL M&A will stay hot in 2019
Valuations will stay high and capital is readily accessible, bringing both sellers and buyers to market.
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News
C.H. Robinson acquires The Space Cargo Group, Madrid-based freight forwarder
CHRW fills out geographical white space and adds density to its Transatlantic forwarding business after turning the corner on the…
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Australia
WiseTech acquires Containerchain for AU$92 million
Worldwide customs and logistics software provider WiseTech Global has today announced the acquisition of Containerchain, a provider of a shipping…
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